During the previous two centuries, a lord's status primarily depended on the income he received for his services to the monarch; after the introduction of the "new institutions", their inheritable estates yielded sufficient revenues.
Selama dua abad sebelumnya, status seorang lord terutama bergantung pada pendapatan yang ia terima atas jasanya kepada raja; setelah diperkenalkannya "institusi baru", tnaah mereka yang dapat diwariskan menghasilkan pendapatan yang cukup.