Definition: Feudality is a political concept that refers to the system of social and economic relations in which land ownership is held by nobles or wealthy individuals. In this context, "feod" refers to the land itself, often considered a form of property or inheritance. The Feudal System was an important part of medieval European society, particularly during the Middle Ages, where it provided a means for the aristocracy and powerful nobility to exert control over their subjects by controlling access to resources (land