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Rent, annuity
(1,065 words)

1. Principles

Before the advent of social insurance in the second half of the 19th century (see Old age, provision for; Pension), an annuity rent was a payment occurring at regular intervals to a recipient having transferred an amount of capital (principal sum), but not land (land rent; socage), to a third party. It thus to an extent corresponded to interest paid on the capital (but did not count towards paying off a debt), and therefore constituted an impo…

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Denzel, Markus A. and Holzhey, Alexandra, “Rent, annuity”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 20 March 2023 <http://dx.doi.org/10.1163/2352-0272_emho_COM_031141>
First published online: 2015
First print edition: 20210601

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