Magnate, from the Late Latin magnas, a great man, itself from Latin magnus 'great', designates a noble or other man in a high social position, by birth, wealth or other qualities. In reference to the Middle Ages, the term is often used to distinguish higher territorial landowners and warlords such as counts, earls, dukes and territorial-princes, from the baronage.
Magnates were a social class of wealthy and influential nobility in the Kingdom of Poland and Grand Duchy of Lithuania (and later the Polish-Lithuanian Commonwealth), and some other medieval realms. In Spain, since late Middle Ages there is the highest class of nobility who hold appellation of Grandee of Spain. In Sweden, wealthiest medieval lords were known as storman (plural stormän), "great men", a similar description as magnate, and same meaning. In England, the term magnate has often been applied to the extremely powerful nobles that Edward III created when he split his kingdom amongst his sons rather than choosing one son to inherit the entire kingdom. The ensuing conflict between these powerful nobles (and their successors) and whomever was king led to the aristocratic wars known as the War of the Roses.
In Poland and Lithuania all members of the nobility (szlachta) were equal under the law. "Magnate" (magnat) was thus not an official title but rather a position of social class, based on wealth. Magnates (or higher nobility) vied for political power with the lesser and middle nobility (see Ruch egzekucyjny) and the Król (Monarch). From the second half of the 17th century, the magnates emerged as the victors in the struggle for power in the Polish-Lithuanian Commonwealth, as they were able to concentrate most of the land in their own hands and bribe smaller nobles to preserve the appearance of democracy: "Golden Liberty" in the parliaments, not only the local Sejmiks but also in the national Sejm.
There were several other terms for "magnate" in Poland and Lithuania:
Several Magnates held high feudal titles or peerage ranks such as prince or count. With few exceptions, mostly dating from the Union of Lublin, and special privileges permitting some Lithuanian magnates to use them, such titles were forbidden by law. Titles from offices however were very popular: see Offices in Polish-Lithuanian Commonwealth.
Left with some problematic choices for his heir, Edward III decided to make some of his illegitimate children legitimate by an Act of Parliament and include them in the succession. This created what Allison Weir refers to as a "race of magnates."
Eventually this led to large numbers of claimants to the throne, most of whom tried to attain the throne by usurping their predecessors. In this period, despite laws governing succession, most of the succession was determined not as much by primogeniture as by military victory.
In the Tudor period, after Henry VII defeated Richard III at Bosworth Field, Henry made a point of executing or neutralizing as many magnates as possible. Henry VII would make parliament attaint undesirable nobles and magnates, thereby stripping them of their wealth, protection from torture, and power. Henry VII also used the Court of the Star Chamber to have powerful nobles executed. Henry VIII would continue this approach in his reign; he inherited a survivalistic mistrust of nobles from his father. Henry VIII ennobled very few men and the ones he did were all "new men," greatly indebted to him and having very limited power.
Four discount cards offer savings in Arkansas. (Eagle Spirit Inc.; Magnate Sales Inc.; The Savers Card Inc.; Entertainment Publications Inc.)
Sep 14, 1998; At least four discount cards that offer savings on purchases from businesses in the state are circulating in Arkansas. Three...
Public Company Management Corporation Announces SB-2 Securities Registration Contract with Magnate Equities Corp.
Mar 18, 2005; LAS VEGAS, NEVADACCNMatthews - March 18, 2005) - Public Company Management Corporation (OTCBB:PUBC) today announced that its...