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- Gage_(finance) abstract "In medieval finance, a gage or gage of land was a usufructory pledge of real property. The gage came in two forms: the dead gage (Scots deid wad, French mort-gage, German Zinssatzung); or the living gage (Welsh prid, Fr vif-gage, G Totsatzung). When a feudal tenant or landlord needed liquid resources, they could pledge their estate in land, as collateral, for a money loan. Since the gaged collateral was typically a piece of real property which generated revenue (e.g. a farm which produced crops, a mill which processed food, a pasture that provided milk or wool, etc.), the lender-gagee received the rents and profits of the land. Under the terms of a living gage, these rents and profits reduced the amount the borrower-gagor owed, while under a dead gage they did not. This meant that if the property was prosperous enough, or the loan small enough, a property in living gage could pay off the debt itself; in other words, it was self-redeeming. On the other hand, with a dead gage, the property's rents and profits did not go toward satisfying the principal, but instead constituted interest on the loan, which made it a form of usury. As a result, dead gages were denounced as immoral/illegal among Catholic theologians.".
- Gage_(finance) wikiPageID "30468459".
- Gage_(finance) wikiPageLength "1696".
- Gage_(finance) wikiPageOutDegree "16".
- Gage_(finance) wikiPageRevisionID "669745406".
- Gage_(finance) wikiPageWikiLink Category:Finance.
- Gage_(finance) wikiPageWikiLink Collateral_(finance).
- Gage_(finance) wikiPageWikiLink Estate_in_land.
- Gage_(finance) wikiPageWikiLink Finance.
- Gage_(finance) wikiPageWikiLink French_language.
- Gage_(finance) wikiPageWikiLink German_language.
- Gage_(finance) wikiPageWikiLink Manorialism.
- Gage_(finance) wikiPageWikiLink Market_liquidity.
- Gage_(finance) wikiPageWikiLink Middle_Ages.
- Gage_(finance) wikiPageWikiLink Pledge_(law).
- Gage_(finance) wikiPageWikiLink Real_property.
- Gage_(finance) wikiPageWikiLink Scots_law.
- Gage_(finance) wikiPageWikiLink Usufruct.
- Gage_(finance) wikiPageWikiLink Usury.
- Gage_(finance) wikiPageWikiLink Welsh_language.
- Gage_(finance) wikiPageWikiLinkText "Gage (finance)".
- Gage_(finance) wikiPageWikiLinkText "gage".
- Gage_(finance) wikiPageWikiLinkText "living gage".
- Gage_(finance) subject Category:Finance.
- Gage_(finance) hypernym Pledge.
- Gage_(finance) comment "In medieval finance, a gage or gage of land was a usufructory pledge of real property. The gage came in two forms: the dead gage (Scots deid wad, French mort-gage, German Zinssatzung); or the living gage (Welsh prid, Fr vif-gage, G Totsatzung). When a feudal tenant or landlord needed liquid resources, they could pledge their estate in land, as collateral, for a money loan. Since the gaged collateral was typically a piece of real property which generated revenue (e.g.".
- Gage_(finance) label "Gage (finance)".
- Gage_(finance) sameAs Q5516828.
- Gage_(finance) sameAs m.0g5s75d.
- Gage_(finance) sameAs Q5516828.
- Gage_(finance) wasDerivedFrom Gage_(finance)?oldid=669745406.
- Gage_(finance) isPrimaryTopicOf Gage_(finance).