Practices of Feudalism. 1  Fiefâholding. 2  A fief is a hereditary position with land and peasants. 3  In order to keep a fief, a lord had to be able to protect his land.  A lord could give one of his vassals a 1  fief. Primogeniture.  The land went to the eldest 1  son. Relief.  Taxes paid by vassals to their lord.
General Ledger. Definition: A general ledger is the master set of accounts that summarize all transactions occurring within an entity. There may be a subsidiary set of ledgers that summarize into the general ledger.
Ledger Board Definition. A ledger board is a horizontal lumber beam attached to an existing wall and used to tie in construction elements such as porch roofs and decks. A deck ledger is installed as part of the deck frame construction. The frame is then attached at either end, with the deck joists butting up to it.