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noun. Feudalism is defined as a Medieval European political, economic and social system from the 9th to 15th century. An example of feudalism is someone farming a piece of land for a lord and agreeing to serve under the lord in war in exchange for getting to live on the land and receiving protection. Feudalism was abolished in 1836, and in 1848 complete political union with Piedmont was granted, the viceregal government being suppressed, and the island being divided into three divisions of which Cagliari, Sassari and Nuoro were the capitals. 2  Feudalism was not at any time a national institution.
Feudalism vs Democracy. A system in which nobility held lands from the crown in exchange for military service, while peasants were obliged to live on the lord's land and give him labour and a share of produce. A system of government that is formed by whole population/eligible members, through elected representatives.