Noun
Alt. of Danegelt
Source: Webster's dictionaryNorth Korea desperately needed the foreign currency which this lethal trade could bring; its role as chief 'rogue' reinforced its prestige among anti-Western states, near and far; and it could also hope at the right moment to extort new instalments of Danegeld from America and her allies. Margaret Thatcher
More ancient Lydford silver pennies - paid as Danegeld - can now be found in modern Sweden than in their country of origin. Source: Internet
In 1018, having collected a Danegeld amounting to the colossal sum of £72,000 levied nationwide, with an additional £10,500 extracted from London, Cnut paid off his army and sent most of them home. Source: Internet
England Land taxes were not unknown in England, as the Anglo-Saxon kings had periodically levied a Danegeld on that basis, but tallage was brought to England by the Normans as a feudal duty. Source: Internet
The Danelaw resulted when Alfred the Great was forced to cede half his kingdom to the Vikings, who then settled there for a time and engaged in peaceful trade, but attacks eventually resumed and the English kings had to pay tribute (Danegeld). Source: Internet
The payment of Danegeld had to be underwritten by a huge balance of payments surplus; this could only be achieved by stimulating exports and cutting imports, itself accomplished through currency devaluation. Source: Internet