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Legal Definitions - annua pensione
Definition of annua pensione
Annua pensione is a Latin term that translates to "annual payment" or "yearly pension." Historically, it referred to a fixed sum of money or other valuable consideration that was paid once a year, often as a form of rent, tribute, or a regular allowance stipulated by an agreement or grant.
Example 1: Historical Land Grant
Imagine a medieval lord who grants a parcel of land to a tenant. Instead of a one-time payment, the lord might require an annua pensione of twenty silver pieces to be paid to him every year on the feast of St. John the Baptist. This payment ensures the tenant's continued right to use the land.
This illustrates annua pensione because it represents a specific, fixed amount (twenty silver pieces) that is due and paid on a regular, yearly basis as part of an ongoing agreement for the use of property.
Example 2: Royal Allowance
Consider a situation where a monarch, recognizing the long and loyal service of a retired court official, decrees that the official shall receive an annua pensione of one hundred gold florins for the rest of their life. This payment is intended to provide for the official's upkeep and honor their past contributions.
Here, annua pensione refers to a consistent, yearly allowance (one hundred gold florins) provided to an individual for a sustained period (for the remainder of their life) as a form of retirement benefit or recognition.
Example 3: Treaty Obligation
In a historical peace treaty between two kingdoms, one kingdom might agree to pay the other an annua pensione of five hundred barrels of wine for a period of ten years as reparations for a past conflict. This yearly tribute helps to maintain peace and compensate for damages.
This demonstrates annua pensione as a recurring, yearly obligation (five hundred barrels of wine) established by a formal agreement, serving as a form of compensation or tribute over a defined duration.
Simple Definition
Annua pensione is a Latin term that translates to "annual payment" or "annual pension." It refers to a sum of money or other consideration that is paid out on a yearly basis, often as a recurring obligation or benefit.