feudal system


A system of ownership usually associated with pre-colonial England, in which the king or other sovereign is the source of all rights. The right to possess real property was granted by the sovereign to an individual as a life estate only. Upon the death of the individual, title passed back to the sovereign, not to the decedent's heirs.

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The feudal system resembled that of a modern day dictatorship which is why we are fortunate to be living in democracy.

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There are many, many reasons to be grateful for the time frame in which we live; one of the biggest reasons to be grateful is the lack of a feudal system.

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The CEO of my company is the third generation of his family to run the company, but he tries very hard to dispel the notion that the company is run under the feudal system.

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