Henry VII financial policy Flashcards
1
Q
what is ordinary revenue
A
> regular income which the Crown could rely in order to finance the monarchy
2
Q
what are crown lands
A
> lands and estates that is turned into the monarchs
had inherited all of York and Lancaster
3
Q
what is escheats
A
~ when a landholder dies without any heirs, his lands and rights pass to the king
4
Q
A