Pawnbroker

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A pawnbroker was a mostly low-nobility creditor who lent money to a prince or fiefdom higher up in the fiefdom hierarchy and who was given a (relatively) independent rulership (territory) in the possession of the debtor , a so-called pawnbroker , as collateral security . The use usually comprised all the rights and income to which the actual owner was entitled, such as taxes, customs duties, forest use, hunting and fishing rights, etc. The pledge remained in the possession of the original owner and could be repaid by terminating the pledge agreement and reimbursing the loaned money (usually with interest ) are triggered again. Since the socially superior feudal lord or prince was much more powerful, it also happened that due to lack of money only parts of the pledge or the debt was paid in installments.

See also

• Pledge (right)
• Domination (territory)
• Reich pledge

literature

• Joachim Heinrich Campe : Dictionary of the German language. Third part: L to R . In the school bookshop, Braunschweig 1809

Individual evidence

1. ↑ Campe 1809, p. 610: "Pfandherr. The lord, holder of a pledge on which he has lent money to someone else, or which provides him with security for something else; the pledge holder, pledge holder".