We use cookies to improve security, personalize the user experience,
enhance our marketing activities (including cooperating with our marketing partners) and for other
business use.
Click "here" to read our Cookie Policy.
By clicking "Accept" you agree to the use of cookies. Read less
Corody: A Deep Dive into Its Legal Meaning and Historical Context
Definition & Meaning
Corody is an outdated term that refers to an allowance of food, drink, lodging, and other necessities provided to individuals, often in a religious or feudal context. The term originates from the Latin word "corodium." Historically, corody was granted by religious institutions as part of their obligations, especially to those who had contributed to their establishment. Today, the concept is largely replaced by the modern term "pension," which describes similar obligations for support.
Table of content
Legal Use & context
Corody is primarily of historical interest and is not commonly used in contemporary legal practice. However, understanding this term can be relevant in discussions of feudal law and historical legal obligations. It may also appear in legal contexts involving estate planning or the rights of beneficiaries in certain historical trusts or foundations. Users may find forms related to estate planning or charitable foundations useful in managing such obligations.
Key legal elements
Real-world examples
Here are a couple of examples of abatement:
(Hypothetical example) A monastery may have historically provided corody to a local nobleman who contributed to its construction, ensuring he had food and shelter in exchange for his support. In modern terms, this could be likened to a pension provided to a retired church worker.
Comparison with related terms
Term
Definition
Key Differences
Corody
Allowance of food and lodging historically provided by religious institutions.
Obsolete; largely replaced by modern terms.
Pension
A regular payment made during retirement from an investment fund.
Current term; applies to modern financial arrangements.
Common misunderstandings
What to do if this term applies to you
If you find yourself dealing with historical obligations related to corody, consider consulting a legal professional who specializes in estate law or historical trusts. For modern equivalents, explore US Legal Forms for templates related to pensions and estate planning to help manage your obligations effectively.
Find the legal form that fits your case
Browse our library of 85,000+ state-specific legal templates.