Fixed sums of money paid to someone each year, typically for the rest of their life.
Fact of the Day
A wealthy early modern London merchant asked his agent to send him '2 or 3 apes' from Africa, but didn't write the 'r'. The order was interpreted as 203 apes, the first cargo of 80 of which arrived with the promise of more to come.
Quote of the Day
"I have beaten the Russian and Austrian army commanded by two emperors. I am a little tired. "
~ Napoleon after Austerlitz
On This Day
1189 Henry II died, having just signed a peace treaty with his son Richard and finding out his other son, John, had betrayed him. The servants responsible for tending to him looted his body and left him to be found by his small retinue.
1483 Richard III was crowned king of England, having declared his nephews illegitimate.
1535 Thomas More was executed for treason on the orders of Henry VIII after refusing to take the Oath of Supremacy.
1553 Edward VI died, passing the crown to Lady Jane Grey instead of his half sisters, Mary and Elizabeth.
1685 The final battle of the Monmouth Rebellion, the Battle of Sedgemoor, was fought near Bridgwater, Somerset.
1892 Britain's first non-white MP, Dadabhai Naoraji, was elected for the Liberal Party as member for Finsbury Central.