What is POUNDAGE?

In practice. An allowance to the sheriff of so much in the pound upon the amount levied under an execution. Bowe v. Campbell, 2 Civ. Proc. R. (N. Y.) 234. The money which an owner of animals impounded must pay to obtain their release. In old English law. A subsidy to the value of twelve pence in the pound, granted to the king, of all manner of merchandise of every merchant, as well denizen as alien, either exported or imported. Cowell.

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