The taking or receiving of something; taking into possession; receipt of a tithe, rent, etc.
Origin
Early 17th century; earliest use found in Francis Bacon (1561–1626), lord chancellor, politician, and philosopher. From Law French pernancy from Anglo-Norman pernance, variant of prenance (1160 or earlier; compare Old French prenance; from pren-, stem of prendre + -ance) + -ie, -y; compare -ancy.