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Until he Receive the Equivalent in Land and Rent

1 The Use of Annuities as Endowment Patronage in the Reign of Edward III

Bibliographic Data

ID4557873
AuthorsJames Bothwell (0000-0002-5341-8924, University of St Andrews, corresponding author)
Year1997
Volume70
Issue172
Pages146-169
Publication date1997-06-01
Open AccessYes
TypeARTICLE
VenueHistorical Research (JOURNAL)
Journal identifiersISSN: 0950-3471 • E-ISSN: 1468-2281
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/1468-2281.00037
OpenAlexW1996738976
LanguageEN
Citations received2

This article investigates Edward III's use of annuities for endowing a number of men promoted, or to be promoted, to the parliamentary peerage. It examines the two types of annuity Edward used-those paid through the exchequer and those paid direct from royal revenue sources-and the way he used them. Exchequer annuities are shown to have been somewhat more reliable-though, for a number of reasons, most of Edward's 'new men' seem to have preferred the source-based variety. More importantly, it argues that Edward's use of annuities was directed primarily not at bettering permanently the position of many of these men and their families, but rather towards increasing royal control-dependent, as annuitants were, upon the king's continuing favour. Through this programme Edward III was able to influence the composition and behaviour of the parliamentary peerage to a point where his rule has become a byword for good royal/noble relations in the later middle ages

Annuity · Economics · Endowment · Exchequer · Law and economics · Life annuity · Pension · Political science · Politics · Reign · Revenue · Historical Economic and Social Studies · History · Law · Scottish History and National Identity · Accounting · Finance

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Citations per year0.17
Citation span2014 - 2024 (11)
Highly citedNo

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