The Order of the Dragon, a monarchical chivalric order, is created by Sigismund of Luxembourg, then king of Hungary.
An order of chivalry, order of knighthood, chivalric order, or equestrian order is an order of knights, typically founded during or inspired by the original Catholic military orders of the Crusades (c. 10991291) and paired with medieval concepts of ideals of chivalry.
Since the 15th century, orders of chivalry, often as dynastic orders, began to be established in a more courtly fashion that could be created ad hoc. These orders would often retain the notion of being a confraternity, society or other association of members, but some of them were ultimately purely honorific and consisted of a medal decoration. In fact, these decorations themselves often came to be known informally as orders. These institutions in turn gave rise to the modern-day orders of merit of sovereign states.
The Order of the Dragon (Latin: Societas Draconistarum, literally "Society of the Dragonists") was a monarchical chivalric order only for selected higher aristocracy and monarchs, founded in 1408 by Sigismund of Luxembourg, who was then King of Hungary and Croatia (r. 1387–1437) and later became Holy Roman Emperor (r. 1433–1437). It was fashioned after the military orders of the Crusades, requiring its initiates to defend the cross and fight the enemies of Christianity, particularly the Ottoman Empire.
The Order flourished during the first half of the 15th century, primarily in Germany and Italy. After Sigismund's death in 1437, its importance declined in Western Europe. However, after the Fall of Constantinople in 1453, it continued to play a role in Hungary, Croatia, Serbia, Romania and Albania, which bore the brunt of the Ottoman incursions. The Prince of Wallachia Vlad II Dracul, the father of Vlad the Impaler, took his name from the Order of the Dragon.