A Fief Is

question 47

Multiple Choice

A fief is

• A)a style of armor developed around 1000 A.D.to protect knights.
• B)a tax paid by serfs to their lords on the marriage of their eldest daughter.
• C)land or money offered by families to attract a suitable husband for a daughter.
• D)a lord's concession of land to a vassal, which imposed obligations upon both.
• E)a form of heroic epic, best seen in The Song of Roland.

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Definitions:

Annual Return

The percentage of profit or loss on an investment over a one-year period.

Interest Rate

The cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal.

Entrepreneurial Innovation

The process by which an entrepreneur designs, develops, and brings to the market a novel product or service that potentially changes industry patterns or consumer habits.

Subsidize

To provide financial support or assistance, often by the government, to lower the cost of producing goods or services.