Archaic or dialectal term: money or payment that is shared, held in common, or belonging to a common fund; alternatively, common or ordinary money.
From common plus -ey suffix, or possibly influenced by similar formations. This term appears rarely in historical records and is largely obsolete.
This word is so rare it barely exists—even medieval records mostly skip it in favor of clearer terms. It's a ghost word showing how English once experimented with different word formations!
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