Industry WIKI

Annates ( or ; Latin: annatae, from annus, "year") were a payment from the recipient of an ecclesiastical benefice to the collating authorities. Eventually, they consisted of half or the whole of the first year's profits of a benefice; after the appropriation of the right of collation by the Roman see, they were paid to the papal treasury, ostensibly as a proffered contribution to the ch

As a legal term, ground rent specifically refers to regular payments made by a holder of a leasehold property to the freeholder or a superior leaseholder, as required under a lease. In this sense, a ground rent is created when a freehold piece of land is sold on a long lease or leases. The ground rent provides an income for the landowner. In economics, ground rent is a form of economic r