ACQUITTANCE ROLL Meaning and
Definition
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An acquittance roll is a historical document that served as an official record of financial transactions and debts settled in medieval and early modern England. It functioned as a form of receipt or proof of payment. The term "acquittance" refers to a written statement acknowledging the discharge of a debt or obligation.
An acquittance roll would typically be maintained by a government office, such as the Exchequer or the Chancellor's office, responsible for collecting and managing taxes, duties, fines, and other payments due to the Crown. It recorded the details of funds received from individuals or institutions, including names of debtors, the amounts owed, and the dates of payments made.
The roll was typically organized chronologically, with entries arranged in sequential order. Each entry would include the name of the person making the payment or being discharged from a debt, the reason for the payment or debt, and often the specific obligation or event that triggered the financial obligation.
As an essential administrative tool, the acquittance roll provided a means for verifying payments made and enforcing financial obligations. It allowed the government to track the flow of funds and monitor the fulfillment of financial obligations owed to the Crown. Additionally, the roll assisted in settling disputes over debts or payments, as it could serve as evidence or reference in legal proceedings.
Today, acquittance rolls are valuable sources of historical data and are studied by scholars interested in financial administration, taxation, and medieval economic history.
Common Misspellings for ACQUITTANCE ROLL
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Etymology of ACQUITTANCE ROLL
The word "acquittance" originates from the Middle English term "aquitaunce", which came from Old French "acointer" meaning "to settle accounts". It further stems from the Late Latin word "acquiescere", meaning "to quieten" or "to give assent". The term "roll" refers to a document or a record written on a rolled-up parchment or paper strip.
When combined, "acquittance roll" refers to a historical document or record used in medieval times that listed various payments, debts, or obligations that had been settled or discharged. The term likely emerged from the practice of rolling up such documents for storage or transportation.
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