In Beowulf, gold, treasure, and gifts are less important for their economic value than their social value. In fact, gold can be seen as a symbol of social interaction: a lord rewards loyalty with gold, and in doing so inspires further loyalty. The transfer of the gold is also a kind of physical embodiment of the lord's duty to nurture his people. Gold can also act as a symbol of regret or a desire for peace: one way of avoiding a feud is to pay the wergild, the man-price, by compensating the family of the injured person with gold, to avoid more violent vengeance.