Ferahşad Hatun[1] (Ottoman Turkish: فرخشاد خاتون "Happiness", also known as Muhtereme Hatun[2] (Ottoman Turkish: محترمہ خاتون, "Honorable, respectful"),[3] was a concubine of Sultan Bayezid II of the Ottoman Empire.
Contemporary historian Kemalpaşazade commented on his birth, by stating that he was a "substitute" (bedel) for his recently deceased half-brother, Şehzade Abdüllah (dead in 1483, son of Şirin Hatun).
[4] According to Turkish tradition, all princes were expected to work as provincial governors as a part of their training.
[5][6] Following Mehmed's death in December 1504,[4] she retired to Bursa.
In retirement she made endowments in Silivri,[7] and Istanbul.