finances - extraordinary

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  • Created by: boogluvr
  • Created on: 21-06-21 21:58
what is exraordinary revenue?
income coming to the crown only on specific occasions and for very particular reasons
1 of 10
what are parliamentary grants?
money from parliament requested by henry in exceptional circumstances.
The amount collected varied and did not bring in the amounts they should have done.
2 of 10
how much did loans 'bring in'?
Brought In £203,000 but had to pay it back
3 of 10
what are benevolances
Forced loans that he did not have to pay back, in times of crisis for example when going to war
4 of 10
how much did benevolances bring in?
£48,500
5 of 10
what are clerical taxes?
When parliament had granted the king money the church would also contribute
6 of 10
what was the french pension?
Negotiated as part of the Treaty of Etaples in 1492
after the English agreed to remove their armies from French soil.
Henry was promised £159,000 which was paid in an annual income of £5000.
7 of 10
how did henry use his money to strengthen his image?
promoted himself and the dynasty via
Flags, banners, badges, and Tudor symbols also go on ceilings, stained glass windows, stonework of important buildings like Westminster abbey chapel.
8 of 10
what is munificence?
lending large sums of money to leaders or important figures
9 of 10
whats an example of henry's use of munificence?
£300,000 to Maximilian between 1505 and 1509.
not repaid but useful in achieving national security
10 of 10

Other cards in this set

Card 2

Front

what are parliamentary grants?

Back

money from parliament requested by henry in exceptional circumstances.
The amount collected varied and did not bring in the amounts they should have done.

Card 3

Front

how much did loans 'bring in'?

Back

Preview of the front of card 3

Card 4

Front

what are benevolances

Back

Preview of the front of card 4

Card 5

Front

how much did benevolances bring in?

Back

Preview of the front of card 5
View more cards

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