The summa honoraria (or summa legitima) was a sum that civic magistrates and priests paid upon entering their office in the cities of the Roman Empire. [1]
In some places, like the Caesarian colony at Urso, duoviri and aediles were required to contribute 2000 sesterces towards the cost of the public games. Inscriptions from other cities record sums that typically range from 3000 to 35,000 sesterces. At Calama in Roman Numidia, a newly elected pontifex is recorded as having paid 600,000 sesterces as their initiation fee.[ citation needed ]
The summa honoraria was largely a phenomenon of the Latin West. In the Greek East, the function was played by the liturgy, by which some cost was imposed on the wealthy whether holding an office or not.[ citation needed ]
Fidenae was an ancient town of Latium, situated about 8 km north of Rome on the Via Salaria. Its inhabitants were known as Fidenates. As the Tiber was the border between Etruria and Latium, the left-bank settlement of Fidenae represented an extension of Etruscan presence into Latium. The site of the arx of the ancient town was probably on the hill on which lies the contemporary Villa Spada, though no traces of early buildings or defences are to be seen; pre-Roman tombs are in the cliffs to the north. The later village lay at the foot of the hill on the eastern edge of the high-road, and its curia, with a dedicatory inscription to Marcus Aurelius by the Senatus Fidenatium, was excavated in 1889. Remains of other buildings may also be seen.
Case mix, also casemix and patient mix, is a term used within healthcare as a synonym for cohort; essentially, a case mix groups statistically related patients. An example case mix might be male patients under the age of 50, who present with a myocardial infarction and also undergo emergency coronary artery bypass surgery.
In accountancy, depreciation is a term that refers to two aspects of the same concept: first, an actual reduction in the fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wears, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are used.
The sestertius or sesterce was an ancient Roman coin. During the Roman Republic it was a small, silver coin issued only on rare occasions. During the Roman Empire it was a large brass coin.
Peter's Pence are donations or payments made directly to the Holy See of the Catholic Church. The practice began under the Saxons in England and spread through Europe. Both before and after the Norman conquest the practice varied by time and place: initially, it was given as a pious contribution, whereas later it was required by various rulers and collected like a tax. Though formally discontinued in England at the time of the Reformation, a post-Reformation payment of uncertain character was seen in some English manors into the 19th century. In 1871, Pope Pius IX formalized the practice of lay members of the church and "other persons of good will" providing financial support to the Roman See. Modern "Peter's Pence" proceeds are used by the Pope for philanthropic works throughout the world and for administrative costs of the Vatican state.
Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses.
Farming or tax-farming is a technique of financial management in which the management of a variable revenue stream is assigned by legal contract to a third party and the holder of the revenue stream receives fixed periodic rents from the contractor. It is most commonly used in public finance, where governments lease or assign the right to collect and retain the whole of the tax revenue to a private financier, who is charged with paying fixed sums into the treasury.
Vicarius is a Latin word, meaning substitute or deputy. It is the root of the English word "vicar".
Slavery in the ancient world, from the earliest known recorded evidence in Sumer to the pre-medieval Antiquity Mediterranean cultures, comprised a mixture of debt-slavery, slavery as a punishment for crime, and the enslavement of prisoners of war.
The study of the economies of the ancient city-state of Rome and its empire during the Republican and Imperial periods remains highly speculative. There are no surviving records of business and government accounts, such as detailed reports of tax revenues, and few literary sources regarding economic activity. Instead, the study of this ancient economy is today mainly based on the surviving archeological and literary evidence that allow researchers to form conjectures based on comparisons with other more recent pre-industrial economies.
The satisfaction theory of atonement is a theory in Catholic theology which holds that Jesus Christ redeemed humanity through making satisfaction for humankind's disobedience through his own supererogatory obedience. The theory draws primarily from the works of Anselm of Canterbury, specifically his Cur Deus Homo. It has been traditionally taught in the Roman Catholic tradition of Western Christianity. Since one of God's characteristics is justice, affronts to that justice must be atoned for. It is thus connected with the legal concept of balancing out an injustice.
Gaius Appuleius Diocles was a Roman charioteer. His existence and career are attested by two highly detailed contemporary inscriptions, used by modern historians to help reconstruct the likely conduct and techniques of chariot racing. He has been described in some modern sources as the highest-paid athlete of all time.
Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill or disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt. It is not to be confused with income protection insurance, which is not specific to a debt but covers any income. PPI was widely sold by banks and other credit providers as an add-on to the loan or overdraft product.
In economics, the excess burden of taxation is one of the economic losses that society suffers as the result of taxes or subsidies. Economic theory posits that distortions change the amount and type of economic behavior from that which would occur in a free market without the tax. Excess burdens can be measured using the average cost of funds or the marginal cost of funds (MCF). Excess burdens were first discussed by Adam Smith.
Mindia Matidia, also known as Matidia Minor was a Roman imperial noblewoman in the early second century AD. She was related to several ancient Roman Emperors, as a great-niece to Trajan and half-sister to Vibia Sabina, who was the wife of Hadrian. The modern village of Matigge, Italy, is perhaps named after her.
The Medical community as used in this article refers to medical institutions and services offered to populations under the jurisdiction of the late Roman Republic and the Roman Empire. The Medical services of the Roman Republic and the early Roman Empire were adopted from ancient Greece. It was first imported from Greece through Greek colonies in Magna Graecia and the Etruscan civilization. After the Roman conquest of Greece, enslaved Greeks brought more Greek medical knowledge to Rome. In 219 BCE a surgeon named Archagathus traveled from the Peloponnesus to Rome. He became a citizen and purchased a taberna near a crossroads. This became the first officina medica. Previously, the pater familias was responsible for the medical art in early Rome. Physicians in ancient Rome would take the Hippocratic Oath. Doctors would begin their appointments with patients by stating "si vales valeo," which translated to "if you are well I am well." Physicians were often wealthy. Augustus' physician, Antonius Musa, received a salary of 30,000 sesterces. Doctors would also serve in the Roman military and treat injured soldiers.
An honorarium is an ex gratia payment, i.e., a payment made, without the giver recognizing themselves as having any liability or legal obligation, to a person for his or her services in a volunteer capacity or for services for which fees are not traditionally required. It is a common remuneration practice in schools or sports clubs, for teachers and coaches. Another example includes the payment to guest speakers at a conference meeting to cover their travel, accommodation, or preparation time. Services for Christian Church funerals and/or memorial services are often paid by honorarium, as the minister, musicians, organist, soloist and others, out of care, do not have a set fee for services to grieving families. Likewise, wedding officiants are sometimes paid through honorarium. When required, honorariums may be termed altarages, although an altarage may be paid to a church or parish rather than a person.
The Ripon Building is the seat and headquarters of the Greater Chennai Corporation in Chennai, Tamil Nadu. It is an example of neoclassical architecture, a combination of Ionic and Corinthian styles. The Ripon Building is an all-white structure and is located near the Chennai Central railway station.
Albucius or Albutius was a physician of ancient Rome, who lived probably about the beginning or middle of the 1st century, and who is mentioned by Pliny as having gained by his practice the annual income of two hundred and fifty thousand sesterces. This is considered by Pliny to be a very large sum, and may therefore give us some notion of the fortunes made by physicians at Rome about the beginning of the empire.
The Funerary Monument of Lusius Storax is a temple tomb of the early Roman Imperial period, preserved in the Archaeological Museum La Civitella in Chieti. The monument consists of two reliefs, a frieze and a pediment, which are dated between AD 30 and 50 on epigraphic and stylistic grounds. The tomb's occupant, Gaius Lusius Storax, was a freedman who became a sevir Augustalis of Teate following the administrative reforms of Augustus.