Benefice money

In older documents, the regular income that a clergyman received from a monastery position; he was then also called beneficiary and titulant. As a rule, the income depended on the harvest, and therefore the salary fluctuated; because the foundation’s assets almost always consisted of lands leased for usufruct. In so far as, according to the will of the founders, others – such as not infrequently a bishop or the pope – were also involved in the bequest, elaborate regulations ensured that a balance of risks was brought about. Extensive textbooks provided the law and jurisprudence concerning the distribution of income from a foundation estate (Latin: BENEFICIUM). – A distinction must be made between a benefice (prepend; from Latin PROVIDERE, here meaning “to provide for”) and a beneficium. In the old documents, the prepend usually refers only to the income from an (ecclesiastical) position in general, the beneficium (also benefic; benefice) to the emoluments exclusively from an endowment; however, the definition of the terms is not uniform. – See Abentgeld, Abtrag, Amortisation, Annaten, Antrittsgeld, Dispensationsgeld, Kathedralgeld, Kirchgeld, Obvention, Opfergeld, Palliengeld, Perpetuities, Peterspfennig, Prokurationsgeld, Soft Money, Stiftungsfonds, Tafelgeld, Titel.

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