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Legal Definitions - venditor regis
Definition of venditor regis
A venditor regis was a historical legal term referring to an individual, often an official, who was responsible for selling goods and property that had been seized or confiscated to satisfy a debt owed to the monarch. Essentially, they acted as the "king's seller," liquidating assets to recover money due to the crown, whether for unpaid taxes, fines, or other financial obligations.
Here are some examples illustrating the role of a venditor regis:
Unpaid Royal Taxes: Imagine a wealthy landowner in medieval England who failed to pay his annual royal taxes. After repeated demands, the king's bailiffs seized a portion of his valuable livestock and grain from his estate. A venditor regis would then be appointed to take these seized assets to the nearest market town and sell them. The proceeds from these sales would then be remitted to the royal treasury to cover the landowner's outstanding tax debt.
This example illustrates the term because the venditor regis is selling seized goods (livestock and grain) to satisfy a debt (unpaid royal taxes) owed directly to the king.
Fines for Legal Transgressions: Consider a merchant who was found guilty in a royal court of violating trade regulations and was ordered to pay a substantial fine to the king. If the merchant was unable to pay the fine immediately, the court might order the seizure of some of his valuable imported spices and textiles from his warehouse. A venditor regis would then be tasked with publicly auctioning these seized goods. The funds generated from the auction would then be used to pay the fine owed to the crown.
This example demonstrates the term as the venditor regis is selling confiscated property (spices and textiles) to fulfill a financial penalty (fine) that is due to the king.
Debts from Royal Loans or Services: Suppose a local lord borrowed a significant sum of money from the royal treasury to fund a military campaign, but later defaulted on the repayment. To recover the debt, the king's officers might seize some of the lord's valuable silver plate and jewels. A venditor regis would then be responsible for selling these precious items, perhaps to a royal jeweler or at a specialized market, to recoup the money owed back to the king's coffers.
This example highlights the term by showing the venditor regis selling seized assets (silver plate and jewels) to recover a debt (unpaid loan) owed to the monarch.
Simple Definition
Venditor regis is a historical Latin term meaning "the king's seller." It referred to the person responsible for selling goods and property that had been seized to satisfy a debt owed to the monarch.