peculium

/pɪˈkjuːliəm/
noun
  1. In ancient Rome, property or money that a person (such as a slave or son) was allowed to own or manage separately from the family or master.
    • Under Roman law, a son's peculium could be used for business ventures.
    • The slave saved his peculium for years to buy his freedom.
    • The master allowed his servant to keep a small peculium from the tips he earned.
  2. A personal fund or private property, especially one set aside for a special purpose.
    • He set aside a small peculium from his allowance to buy a gift.
    • The club's peculium was used to fund community projects.
    • She kept a peculium of savings for emergencies.
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