IPA: //ˈmɑːrɡreɪviət//
KK: /mɑrˈgreɪviət/
A region or territory that is ruled by a margrave, often located on the border of a kingdom.
The margraviate was known for its strategic location and rich resources.
Margraviate → It is formed from "mark" (from Old High German *marha*, meaning border or boundary) and "graf" (from Old High German *grāf*, meaning count or lord). The term refers to a territory governed by a margrave, a nobleman responsible for the defense of a border region.
Think of a 'border' ('mark') overseen by a 'count' ('graf') — that's what a margraviate is, a territory managed by a noble in charge of a frontier.