Knight's fairy

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The Knight's Fee ( Latin feodum militis ) is a medieval unit that described in England and Normandy how much a land taken on fief was worth or what tax had to be paid for it. This special type of fiefdom is also known as Knight's fee .

Such a fee served as a substitute for the initially customary military service . Depending on the value of the land, it could be 1/5 of a Knight's fee , but also 5 Knight's fees . By 1200 a Knight's fee was around £ 20 a  year. A free farmer who was paid for his field work earned about 1/5 of this sum.

The Seigneur of Sark , a channel island , whose system of government is still based on the order of around 1600, is obliged to defend the island and pay one twentieth of the Knight's fee . He pays £ 1.79 a year, which today corresponds to around 2.04  or CHF 2.34  (as of July 2011).

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