Definition of ship money

ship moneynoun

tiền tàu

/ˈʃɪp mʌni//ˈʃɪp mʌni/

The term "ship money" has its roots in medieval England, specifically during the reign of King Henry VIII. Ship money was a levy or tax imposed on coastal towns and counties to provide funding for the upkeep and maintenance of the royal navy. The levy was originally intended to be a one-off payment, but it became a regular annual charge due to the increasing costs of naval defense. The word "ship" in this context refers to the Royal Navy's fighting vessels, and "money" refers to the contribution required from the local communities. Initially, this contribution was in the form of ships and men to serve in the navy, but as the needs of the navy changed, the contribution became primarily monetary. The collection of ship money was often a contentious issue, particularly as it was imposed by the monarch without the consent of Parliament. Local communities saw it as an unfair burden, and there were several rebellions against the levy, which were known as the "Ship Money Rebellions." One of the most famous of these was the "Norfolk Rebellion" of 1549, during which a group of rebels attacked and burned the home of Sir Thomasvolt, the royal agent tasked with collecting the levy. Despite the controversy, ship money continued to be levied until its abolition by the Long Parliament in 1660. After this, the levy was replaced by more formal and regulated forms of taxation.

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Example:
  • The governor requested his constituents to ship money for the upcoming election campaign.

    Thống đốc yêu cầu cử tri của mình gửi tiền cho chiến dịch tranh cử sắp tới.

  • In order to help his siblings financially, the eldest son shipped money to them every month.

    Để giúp đỡ các anh chị em về mặt tài chính, người con trai cả đã gửi tiền cho họ hàng tháng.

  • The company asked its international branches to ship money regularly to support the head office during a financial crisis.

    Công ty yêu cầu các chi nhánh quốc tế chuyển tiền thường xuyên để hỗ trợ trụ sở chính trong thời gian khủng hoảng tài chính.

  • After successfully selling his startup, the founder shipped a significant amount of money to his family as a gift.

    Sau khi bán công ty khởi nghiệp thành công, người sáng lập đã gửi một số tiền lớn cho gia đình mình như một món quà.

  • The parents ship money to their children studying abroad regularly to cover their living expenses.

    Các bậc cha mẹ thường xuyên gửi tiền cho con cái đang du học để trang trải chi phí sinh hoạt.

  • To support his unemployed friend, John started shipping money to him every fortnight.

    Để hỗ trợ người bạn thất nghiệp của mình, John bắt đầu gửi tiền cho anh ta cứ hai tuần một lần.

  • The author's grandfather used to ship money to his hometown every Diwali to help his needy relatives.

    Ông nội của tác giả thường gửi tiền về quê vào mỗi dịp lễ hội Diwali để giúp đỡ những người họ hàng nghèo khó.

  • The businessman's accountant suggested that he could lower the income tax by shipping his profits to an offshore account in a foreign country.

    Kế toán của doanh nhân này gợi ý rằng ông có thể giảm thuế thu nhập bằng cách chuyển lợi nhuận vào một tài khoản nước ngoài.

  • The social worker launched a campaign to ship money to the victims of natural disasters across the world.

    Nhân viên xã hội đã phát động chiến dịch gửi tiền cho các nạn nhân thiên tai trên toàn thế giới.

  • Due to the pandemic and lockdown, many expats and tourists began shipping money back to their home countries to support their families during these tough times.

    Do đại dịch và lệnh phong tỏa, nhiều người nước ngoài và khách du lịch bắt đầu gửi tiền về nước để hỗ trợ gia đình trong thời điểm khó khăn này.