We don't know what dialect this is. It's too short and one character is overwritten, so that extends the possible vocabulary when trying to interpret it (along with the many spellings used in the Middle Ages).
We don't know if it was written by the same person who added the notes on 116v. The "m" is distinctly different and more characteristic of the Veneto region than the style of "m" on 116v. The final-ess is a different style, as well, it's a B-shape rather than an 8-shape. I'm not positive, because the "l" is similar, but I think it might be different handwriting from 116v.
I don't know what the first character is (maybe a slightly atypical "p") but it is a close shape-mate for Old English "wynn". The word immediately following it is "ven" which is almost a homonym for "wynn" in medieval terms (in Latin they pronounced "v" more like an English w. It was NOT pronounced like the "v" in English "verse". So, "ven" may have been pronounced "wen" in other languages also).
So, for the sake of getting as many possible interpretations out as possible, here is another one:
We don't know if it was written by the same person who added the notes on 116v. The "m" is distinctly different and more characteristic of the Veneto region than the style of "m" on 116v. The final-ess is a different style, as well, it's a B-shape rather than an 8-shape. I'm not positive, because the "l" is similar, but I think it might be different handwriting from 116v.
I don't know what the first character is (maybe a slightly atypical "p") but it is a close shape-mate for Old English "wynn". The word immediately following it is "ven" which is almost a homonym for "wynn" in medieval terms (in Latin they pronounced "v" more like an English w. It was NOT pronounced like the "v" in English "verse". So, "ven" may have been pronounced "wen" in other languages also).
So, for the sake of getting as many possible interpretations out as possible, here is another one:

