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feudalism

feu·dal·ism

feudalism

 
pronunciation:
fyu d lih zm
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part of speech: noun
definition: a political and economic system in Europe and Japan during the Middle Ages. Royal or noble families owned the land and allowed people to live on and farm the land in return for a share of the crops and their service in war.
derivations: feudalist (adj.), feudalistic (adj.), feudalist (n.)
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  economy