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Muqata'ah
Under the Ottoman Empire, ''Muqata'ah'' or ''Mukata'a'' were '' hass-ı hümayun'', parcels of land owned by the Ottoman crown. These were distributed through the ''iltizam'' auction system; rights to collect revenue from the land were sold to the highest bidder, eventually for the life of the buyer. As the Ottoman Empire began to move into the early modern period, vacant '' timars'', instead of being reassigned, were often added to the ''iltizam'' system, paving the way for a fundamental change in the Ottoman fiscal system into a monetized system, and allowing various power-brokers to involve themselves in the Ottoman bureaucracy, which had previously been limited to the kul.Darling, Linda T. "Public finances: the role of the Ottoman centre." ''The Cambridge History of Turkey'': 118-32. This both opened up the echelons of power to those previously excluded, and also served to move power away from the sultan and to a larger group of nobles who now had a more permanent grasp on ...
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Ottoman Empire
The Ottoman Empire (), also called the Turkish Empire, was an empire, imperial realm that controlled much of Southeast Europe, West Asia, and North Africa from the 14th to early 20th centuries; it also controlled parts of southeastern Central Europe, between the early 16th and early 18th centuries. The empire emerged from a Anatolian beyliks, ''beylik'', or principality, founded in northwestern Anatolia in by the Turkoman (ethnonym), Turkoman tribal leader Osman I. His successors Ottoman wars in Europe, conquered much of Anatolia and expanded into the Balkans by the mid-14th century, transforming their petty kingdom into a transcontinental empire. The Ottomans ended the Byzantine Empire with the Fall of Constantinople, conquest of Constantinople in 1453 by Mehmed II. With its capital at History of Istanbul#Ottoman Empire, Constantinople (modern-day Istanbul) and control over a significant portion of the Mediterranean Basin, the Ottoman Empire was at the centre of interacti ...
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Bullion
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for ...
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Government Of The Classical Ottoman Empire
The Ottoman Empire developed over the years as a despotism with the Sultan as the supreme ruler of a centralized government that had an effective control of its provinces, officials and inhabitants. Wealth and rank could be inherited but were just as often earned. Positions were perceived as titles, such as viziers and '' aghas''. Military service was a key to many problems. The expansion of the Empire called for a systematic administrative organization that developed into a dual system of military ("Central Government") and civil administration ("Provincial System") and developed a kind of separation of powers: higher executive functions were carried out by the military authorities and judicial and basic administration were carried out by civil authorities. Outside this system were various types of vassal and tributary states. Most of the areas ruled by the Ottomans were explicitly mentioned in the official full style of the sultan, including various lofty titles adopted to ...
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Fiefdom
A fief (; ) was a central element in medieval contracts based on feudal law. It consisted of a form of property holding or other rights granted by an overlord to a vassal, who held it in fealty or "in fee" in return for a form of feudal allegiance, services or payments. The fees were often lands, land revenue or revenue-producing real property like a watermill, held in feudal land tenure: these are typically known as fiefs or fiefdoms. However, not only land but anything of value could be held in fee, including governmental office, rights of exploitation such as hunting, fishing or felling trees, monopolies in trade, money rents and tax farms. There never existed a standard feudal system, nor did there exist only one type of fief. Over the ages, depending on the region, there was a broad variety of customs using the same basic legal principles in many variations. Terminology In ancient Rome, a " benefice" (from the Latin noun , meaning "benefit") was a gift of land () f ...
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Privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ...
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Conscription In The Ottoman Empire
Military conscription in the Ottoman Empire varied in the periods of: * the Classical Army (1451–1606) * the Reform Period (1826–1858) * the Modern Army (1861–1922) A complex set of rules applied, which involved: * A poll-tax (in the very early times) named ''cizye'', originally imposed on non-Muslims as a substitute for military service. * An exemption tax, from 1855 the Bedl-i askeri, which applied to everyone and was theoretically a substitute for military service. * Western-style conscription, closely linked to the introduction of a European-style army, the Modern Army (1861–1922), but not exactly coinciding with it. Classic period No universal military conscription existed during this period. Recruitment in the Ottoman imperial army was achieved by the forced enlistment of Christian children every five years. The ''devşirme'' came up out of the ''kul'' system of slavery that developed in the early centuries of the Ottoman Empire, and which reach ...
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Transformation Of The Ottoman Empire
upright=1.2, The Ottoman Empire in 1590, at the peak of its territorial expansion The transformation of the Ottoman Empire, also known as the Era of Transformation, constitutes a period in the history of the Ottoman Empire from to , spanning roughly from the end of the reign of Suleiman the Magnificent to the Treaty of Karlowitz at the conclusion of the War of the Holy League. This period was characterized by numerous dramatic political, social, and economic changes, which resulted in the empire shifting from an expansionist, patrimonial state into a bureaucratic empire based on an ideology of upholding justice and acting as the protector of Sunni Islam. These changes were in large part prompted by a series of political and economic crises in the late 16th and early 17th centuries, resulting from inflation, warfare, and political factionalism. Yet despite these crises the empire remained strong both politically and economically, and continued to adapt to the challenges of a cha ...
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Revenue Service
A revenue service, revenue agency or taxation authority is a government agency responsible for the intake of government revenue, including taxes and sometimes non-tax revenue. Depending on the jurisdiction, revenue services may be charged with tax collection, investigation of tax evasion Tax evasion or tax fraud is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to red ..., or carrying out audits. In certain instances, they also administer payments to certain relevant individuals (such as statutory sick pay, statutory maternity pay) as well as targeted financial support ( welfare) to families and individuals (through payment of tax credits or transfer payments). The chief executive of the revenue agency is usually styled as Commissioner, Minister, Secretary or Director. Revenue services by jurisdiction ...
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Privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ...
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Leasehold Estate
A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant has rights of real property by some form of title from a lessor or landlord. Although a tenant does hold rights to real property, a leasehold estate is typically considered personal property. Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given time. As a lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold thus differs from a freehold or fee simple where the ownership of a property is purchased outright and after that held for an indeterminate length of time, and also differs from a tenancy where a property is let (rented) periodically such as weekly or monthly. Terminology and types of leasehold vary from country to country. Sometimes, but not always, a residential tenancy under a lease agreement is colloquially known as renting. The leaseholder can r ...
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