Wedderlegginge

With the term Wedderlegginge ( refutation , even kumpanie or vera societas ) is a medieval , in the Hanseatic area referred usual form of society which by Hanseatic merchants was used to their trading partnerships to constitute legal.

The term is derived from the fact that an investor added a sum to a capital manager's capital. As a rule, capital was pooled in a ratio of 1: 1 or 1: 2. The capital manager then operated with the money independently and under his own name. He was often referred to as a squire or servant , in contrast to the investor as a master . The profit in such a company was halved or paid out depending on the share. Losses were always halved, even with deposits in the ratio 1: 2.

literature

• Albrecht Cordes : Medieval social trade in the Hanseatic region. Cologne 1998 (sources and representations on Hanseatic history, NF 45).
• Walter Stark : About techniques and organizational forms of the Hanseatic trade in the late Middle Ages. In: The Hanseatic Sonderweg? Contributions to the social and economic history of the Hanseatic League. Edited by Stuart Jenks and Michael North. Cologne, Weimar, Vienna 1993 (sources and representations on Hanseatic history, NF 34), pp. 191–201.

Web links

Wikiversity: Course: The Hanse  - course materials