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What is a peculium?

What is a peculium? Here are some definitions.

Noun
  1. (law, historical) The savings of a son or a slave, with the father's or master's consent; a little property or stock of one's own.
  2. A special fund for private and personal uses.
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Examples
If they were not slaves they could not have peculium in the technical sense.
Talented slaves with a knack for business might accumulate a large enough peculium to justify their freedom, or be manumitted for services rendered.
Freely's business, and he would be obliged to quit it without a peculium so desirable towards defraying the expense of moving.
Some places, such as Rome, allowed slaves to accumulate, manage, and use property in a peculium that was legally revocable but could be used to purchase their freedom.
For other references to the peculium for clothing, see Visit.
Each had a share of copra, her peculium, to dispose of for herself.

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