Definition, Meaning & Synonyms
burgage
Noun
/ˈbɜː.ɡɪdʒ/
Definition
A type of tenure that originated in the medieval period, where a property owner pays a fixed rent to a lord in exchange for the right to occupy or sell their property.
Examples
- The town was famous for its historical burgages, which date back to the 13th century.
- Many burgages in the area were passed down through generations.
- The burgage system allowed local commerce to thrive in medieval towns.
Meaning
Burgage often refers to land or a building in a town that was held by a resident or tenant who paid rent to the local lord or the town’s authority.
Synonyms
- Leasehold
- Tenure
- Rental property
