corrody

plural corrodies · alternative corody

1. historicalobsoleteA form of pension or annuity given by a religious institution as provision for maintenance.

   The corrody became first and foremost a grant of money or victuals, or other means of livelihood, made by a monastery or other religious or charitable corporation to dependents on its bounty.

   1983, Richard I Harper, “A Note on Corrodies in the Fourteenth Century”, in Albion: A Quarterly Journal Concerned with British Studies, volume 15, number 2, page 95

   1 more example

   Corrodies were of three kinds: retirement arrangements for former abbots and priors; private deals struck by outsiders to provide board and lodging, in return for gifts of cash or property; and […] grants to crown servants.

   2022, Alison K. McHardy, chapter 2, in James Bothwell and J. S. Hamilton, editors, Fourteenth Century England XII, Boydell & Brewer, page 29