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This peculium was protected under Roman law and inaccessible by the owner.
Masters could also give over a certain amount of property (such as land, buildings), known as peculium, to a slave for his management and use.
It was also called peculium.
A body of commissioners was established to undertake the reform, establishing the peculium, or value, of each serf.
Theoretically every slave was paid a peculium and got his or her keep besides; the little sum of money was hoarded to buy freedom.
The peculium was therefore held by the legal guardian or owner for the person earning it until he was free to manage it for himself.
Highly skilled or educated slaves might accumulate a large enough peculium to justify their freedom, or be manumitted for services rendered.
This alphabet can also be found in Abraham de Balmis Peculium Abrae.
Each had a share of copra, her PECULIUM, to dispose of for herself.
But the master brought the action; on what principle the damages were assessed we do not know, or whether they were in peculio - into the peculium of the slave.
Technically, a slave could not own property, but a slave who conducted business might be given access to an individual account or fund (peculium) that he could use as if it were his own.
Certainly no man now would pay anything for the "goodwill" of Mr. Freely's business, and he would be obliged to quit it without a peculium so desirable towards defraying the expense of moving.
For serfs owned directly by the King, all of the peculium would be received by the Crown - for serfs owned by subjects of the King, the amount would be divided between the Crown and the owner.
The terms of this account varied depending on the degree of trust and cooperation between owner and slave: a slave with an aptitude for business could be given considerable leeway to generate profit, and might be allowed to bequeath the peculium he managed to other slaves of his household.
Monks and nuns in almost all late medieval English religious communities, although theoretically living in religious poverty, were nevertheless paid an annual cash wage (peculium) and were in receipt of other regular cash rewards and pittances; which accorded considerable effective freedom from claustral rules for those disinclined to be restricted by them.