Grace money

from Wikipedia, the free encyclopedia

In general, the grace money was a (mostly regular) payment with no legal entitlement .

  • Miners' families often received a pardon if the miner was no longer able to work for reasons of age or health (e.g. accident or pneumonia ), or if he died in a mining accident .
  • A support for the destitute bereaved (widow, underage children) of punters who died by suicide on the stock exchange was called grace money.
  • Donations from wealthy people (e.g. the king) were also called grace money.

swell