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Fugger
The House of Fugger () is a German upper bourgeois family that was historically a prominent group of European bankers, members of the fifteenth- and sixteenth-century mercantile patriciate of Augsburg, international mercantile bankers, and venture capitalists. Alongside the Welser family, the Fugger family controlled much of the European economy in the sixteenth century and accumulated enormous wealth. The Fuggers held a near monopoly on the European copper market. This banking family replaced the Medici family, who influenced all of Europe during the Renaissance. The Fuggers took over many of the Medicis' assets and their political power and influence. They were closely affiliated with the House of Habsburg whose rise to world power they financed. Unlike the citizenry of their hometown and most other trading patricians of German free imperial cities, such as the Tuchers, they never converted to Lutheranism, as presented in the Augsburg Confession, but rather remained with the ...
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Augsburg
Augsburg (; bar , Augschburg , links=https://en.wikipedia.org/wiki/Swabian_German , label=Swabian German, , ) is a city in Swabia, Bavaria, Germany, around west of Bavarian capital Munich. It is a university town and regional seat of the ''Regierungsbezirk'' Schwaben with an impressive Altstadt (historical city centre). Augsburg is an urban district and home to the institutions of the Landkreis Augsburg. It is the third-largest city in Bavaria (after Munich and Nuremberg) with a population of 300,000 inhabitants, with 885,000 in its metropolitan area. After Neuss, Trier, Cologne and Xanten, Augsburg is one of Germany's oldest cities, founded in 15 BC by the Romans as Augsburg#Early history, Augusta Vindelicorum, named after the Roman emperor Augustus. It was a Free Imperial City from 1276 to 1803 and the home of the patrician (post-Roman Europe), patrician Fugger and Welser families that dominated European banking in the 16th century. According to Behringer, in the sixteen ...
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German Mediatisation
German mediatisation (; german: deutsche Mediatisierung) was the major territorial restructuring that took place between 1802 and 1814 in Germany and the surrounding region by means of the mass mediatisation and secularisation of a large number of Imperial Estates. Most ecclesiastical principalities, free imperial cities, secular principalities, and other minor self-ruling entities of the Holy Roman Empire lost their independent status and were absorbed into the remaining states. By the end of the mediatisation process, the number of German states had been reduced from almost 300 to just 39. In the strict sense of the word, mediatisation consists in the subsumption of an immediate () state into another state, thus becoming ''mediate'' (), while generally leaving the dispossessed ruler with his private estates and a number of privileges and feudal rights, such as low justice. For convenience, historians use the term ''mediatisation'' for the entire restructuring process that to ...
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Welser
Welser was a Germans, German banking and merchant family, originally a patrician (post-Roman Europe), patrician family based in Augsburg and Nuremberg, that rose to great prominence in international high finance in the 16th century as bankers to the Habsburgs and financiers of Charles V, Holy Roman Emperor. Along with the Fugger family, the Welser family controlled large sectors of the European economy, and accumulated enormous wealth through trade and the German colonization of the Americas, including slave trade. The family received colonial rights of the Province of Venezuela from Charles V, who was also King of Spain, in 1528, becoming owners and rulers of the South American colony of Klein-Venedig (within modern Venezuela), but were deprived of their rule in 1546. Philippine Welser (1527–1580), famed for both her learning and her beauty, was married to Ferdinand II, Archduke of Austria, Archduke Ferdinand, Emperor Ferdinand I's son. Claiming descent from the Byzantine gen ...
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Weißenhorn
Weißenhorn is a town in the district of Neu-Ulm in Bavaria. Weißenhorn is located about 22 km southeast of Ulm. History Archaeologic finds prove that the area of Weißenhorn was once a settlement of the Alamanni. Also Roman artifacts and artifacts from the Stone Age have been found. Weißenhorn was first mentioned in 1160 as ''villa Wizzenhorn''. Starting from the thirteenth century Weißenhorn was seat of a line from the aristocratic house of the Neuffen. When it expired in 1342, Weißenhorn came into possession of the dukes of Bavaria, which had pawned Weißenhorn during the most time. 1473 Louis IX of Bavaria held court in Weißenhorn. During the Landshut War of Succession Weißenhorn came into possession of Holy Roman Emperor Maximilian I and became a provincial city of Further Austria. Maximilian transferred the possession to Jacob Fugger in 1507, due to Weißenhorns delivered and reconfirmed privileges the sovereignty rights however remained with Austria. The Fugger ...
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Graf
(feminine: ) is a historical title of the German nobility, usually translated as "count". Considered to be intermediate among noble ranks, the title is often treated as equivalent to the British title of "earl" (whose female version is "countess"). The German nobility was gradually divided into high and low nobility. The high nobility included those counts who ruled immediate imperial territories of "princely size and importance" for which they had a seat and vote in the Imperial Diet (Holy Roman Empire), Imperial Diet. Etymology and origin The word derives from gmh, grave, italics=yes, which is usually derived from la, graphio, italics=yes. is in turn thought to come from the Byzantine Empire, Byzantine title , which ultimately derives from the Greek verb () 'to write'. Other explanations have been put forward, however; Jacob Grimm, Jacob and Wilhelm Grimm, while still noting the potential of a Greek derivation, suggested a connection to got, gagrêfts, italics=yes, m ...
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Bourgeoisie
The bourgeoisie ( , ) is a social class, equivalent to the middle or upper middle class. They are distinguished from, and traditionally contrasted with, the proletariat by their affluence, and their great cultural and financial capital. They are sometimes divided into a petty (), middle (), large (), upper (), and ancient () bourgeoisie and collectively designated as "the bourgeoisie". The bourgeoisie in its original sense is intimately linked to the existence of cities, recognized as such by their urban charters (e.g., municipal charters, town privileges, German town law), so there was no bourgeoisie apart from the citizenry of the cities. Rural peasants came under a different legal system. In Marxist philosophy, the bourgeoisie is the social class that came to own the means of production during modern industrialization and whose societal concerns are the value of property and the preservation of capital to ensure the perpetuation of their economic supremacy in society. ...
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Swabian Circle
The Circle of Swabia or Swabian Circle (german: Schwäbischer Reichskreis or ''Schwäbischer Kreis'') was an Imperial Circle of the Holy Roman Empire established in 1500 on the territory of the former German stem-duchy of Swabia. However, it did not include the Habsburg home territories of Swabian Austria, the member states of the Swiss Confederacy nor the lands of the Alsace region west of the Rhine, which belonged to the Upper Rhenish Circle. The Swabian League of 1488, a predecessor organization, disbanded in the course of the Protestant Reformation and the Thirty Years War later in the 16th century. Administration The directors of the Swabian Circle were the Bishop of Constance (replaced by the margrave of Baden after the 1803 '' Reichsdeputationshauptschluss'') and the Duke of Württemberg; meetings of the circle's diet were usually held at the Imperial city of Ulm. Though it was shattered into a multitude of mainly very small states, the circle had an effective government, ...
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Glött
Glött is a municipality in the district of Dillingen in Bavaria in Germany. History Glött castle and estates were purchased by Anton Fugger in 1537. The Lordship of Glött became part of the Kingdom of Bavaria in 1806. The current municipality was founded in 1818. The castle remained in the ownership of the counts Fugger von Glött until 1869. Thereafter they moved to Kirchheim in Schwaben Kirchheim or Kirchheim in Schwaben ( engl. ''Kirchheim in Swabia'') is a municipality and a market town in the district of Unterallgäu in the region of Swabia (Schwaben) in the south-west of Bavaria, Germany. The town was greatly influenc .... References Dillingen (district) {{Dillingen-geo-stub ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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De Facto
''De facto'' ( ; , "in fact") describes practices that exist in reality, whether or not they are officially recognized by laws or other formal norms. It is commonly used to refer to what happens in practice, in contrast with ''de jure'' ("by law"), which refers to things that happen according to official law, regardless of whether the practice exists in reality. History In jurisprudence, it mainly means "practiced, but not necessarily defined by law" or "practiced or is valid, but not officially established". Basically, this expression is opposed to the concept of "de jure" (which means "as defined by law") when it comes to law, management or technology (such as standards) in the case of creation, development or application of "without" or "against" instructions, but in accordance with "with practice". When legal situations are discussed, "de jure" means "expressed by law", while "de facto" means action or what is practiced. Similar expressions: "essentially", "unofficial", "in ...
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Patrician (post-Roman Europe)
Patricianship, the quality of belonging to a patriciate, began in the ancient world, where cities such as Ancient Rome had a social class of patrician families, whose members were initially the only people allowed to exercise many political functions. In the rise of European towns in the 12th and 13th century, the patriciate, a limited group of families with a special constitutional position, in Henri Pirenne's view, was the motive force. In 19th century Central Europe, the term had become synonymous with the upper Bourgeoisie and cannot be interchanged with the medieval patriciate in Central Europe. In German-speaking parts of Europe as well as in the maritime republics of the Italian Peninsula, the patricians were as a matter of fact the ruling body of the medieval town. Particularly in Italy, they were part of the nobility. With the establishment of the medieval towns, Italian city-states and maritime republics, the patriciate was a formally-defined social class of govern ...
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Pledge (law)
A pledge is a bailment that conveys possessory title to property owned by a debtor (the ''pledgor'') to a creditor (the ''pledgee'') to secure repayment for some debt or obligation and to the mutual benefit of both parties. The term is also used to denote the property which constitutes the security. The pledge is a type of security interest. Pledge is the ''pignus'' of Roman law, from which most of the modern European-based law on the subject is derived, but is generally a feature of even the most basic legal systems. It differs from hypothecation and from the more usual mortgage in that the pledge is in the possession of the pledgee. It is similar, however, in that all three can apply to personal and real property. A pledge of personal property is known as a pawn and that of real property is called an antichresis. In earlier medieval law, especially in Germanic law, two types of pledge existed, being either possessory (cf. Old English ''wed'', Old French ''gage'', Old High Germ ...
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