Roman soldiers were given pensions (praemia) at the end of their service including cash or land. Augustus fixed the amount in AD 5 at 3,000 denarii and by the time of Caracalla it had risen to 5,000 denarii. One denarius was roughly equivalent to a day's wages for an unskilled laborer.
Australia was first settled by the British in 1788 to form the colony of New South Wales, with them claiming all land as crown land. Over time, it granted land to released convicts. Males were allowed 30 acres (12 ha), plus 20 acres (8.1 ha) if they were married, and 10 acres (4.0 ha) additional per child. Instructions were issued on 20 August 1789 that non-commissioned Marine Officers were to be entitled to 100 acres (40 ha) additional and privates to 50 acres (20 ha) additional.
Land grants started to be phased out when private tendering was introduced, and stricter limits were placed on grants without purchase. The instructions to Governor Brisbane were issued on 17 July 1825. From 9 January 1831, all land was to be sold at public auction.
The Hudson's Bay Company was incorporated in 1670 with the grant of Rupert's Land by King Charles II of England; this vast territory was greater than one third the area of Canada today. Following the Rupert's Land Act in the British Parliament, Rupert's Land was sold in 1869 to the newly formed Canadian Government for the nominal sum of £300,000.
Land grants were an incentive for the construction of the Canadian Pacific Railway.