Medieval Travel Tour, Payment

You must realize that coined money was not the sole medium of exchange in medieval times.
Don't suppose that actual coins were used, because the transaction was recorded in monetary terms in some book.
These notations represent merely the 'standard of value' function of money.


The simple exchange of goods for goods, or the exchange of goods for services, especially labour services, recorded in monetary terms. Credit
A written promise to pay at some future date, recorded on paper, sometimes notarized, but often informal.

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