Other Definitions
magnate (dict)

Magnate

For a wealthy or powerful business baron, executive, or tycoon, see business magnate
Magnate is a title of nobility commonly used in Sweden, Polish-Lithuanian Commonwealth, and some other medieval empires. In medieval times, a bishop sometimes held territory as a magnate, collecting revenue of the manors and the associated knights fees. The income was superior compared with the wage of other common peasants. See also:

 

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