A | B |
charter | a written document that set out the rights and privileges of a town |
capital | money used for investments |
partnership | two or more pool their funds to finance an investment |
bill of exchange | a note from the bank that gave the total of cash a merchant wanted to spend like a modern day check |
middle class | new class of people between nobles and peasants including merchants |
craft guild | “an association of workers from a particular occupation |
merchant guild | “an association of businessmen who dominated town life passed laws, and levied taxes |
apprentice | trainee to a guild master |
journeyman | a salaried worker in a guild |
tenant farmer | peasant who paid rent for their land |
usury | lending money at interest |