Legal Definitions - assisa venalium

ASSISA VENALIUM

Assisa venalium is a legal term in Latin that refers to the assize of salable commodities. It was a law that regulated the prices of goods and services in medieval England.

For example, the assisa venalium would set the price of bread, ale, and other essential goods in a town or city. If a merchant charged more than the regulated price, they could be fined or punished.

Another example is the assisa venalium of 1266, which was issued by King Henry III. It regulated the prices of various goods, including wheat, barley, oats, and wool.

The examples illustrate how the assisa venalium was used to regulate the prices of goods and services in medieval England. It was a way to prevent merchants from charging excessive prices and to ensure that essential goods were affordable for everyone. The law helped to maintain social order and prevent unrest among the population.