What is the meaning of Wergeld?

Blood money, the monetary value assigned to a person, set according to their rank, used to determine the compensation paid by the perpetrator of a crime to the victim in the case of injury or to the victim's kindred in the case of homicide, distinct from bloodwite.

Compensation thus determined and paid; a reparative payment.

wergeld

Alternative form of werġield

Source: wiktionary.org