The Copyhold Refers to

question 34

Multiple Choice

The copyhold refers to

• A) land grants in fee simple.
• B) royal grants of authority over Native Americans.
• C) estates willed to younger sons of the Spanish nobility.
• D) terms of land tenure held by English peasants.
• E) fiefs granted by lords to their serfs.

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Definitions:

Compounded Annually

Describes how interest on an investment or loan is calculated once a year, with each year's interest based on the principal plus any previously earned interest.

Return

The gain or loss on an investment over a specified period, expressed as a percentage increase over the original investment cost.

Invest

Allocating resources, usually financial, with the expectation of generating an income or profit.

Annual Interest

The amount of interest earned or paid over one year, expressed as a percentage of the principal.