What is feudal system and feudal privileges?

The feudal system was a socio-economic structure prevalent in medieval Europe, characterized by a hierarchy of lords, vassals, and serfs. Lords owned large estates and granted portions of land (fiefs) to vassals in exchange for military service and loyalty, while serfs worked the land and were bound to it. Feudal privileges included the rights and protections granted to vassals, such as military support from their lords and the ability to govern lands, while serfs were afforded limited rights, often subject to the lord's authority and obligations. This system created a network of obligations and protections that shaped medieval society.