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The Global Advisor Newsletter -  Word Facts - Currency

Features articles of interest on language translation and localization, culture, language technology and other related topics. The goal of the Global Advisor Newsletter is to inform and entertain.

Other Editions

Twentieth Edition

 


Contents:

The origin of terms - Currency

Did you know that dollar originated from the word valley?
In the 1500's, Count Hieronymus Schlick, of Bohemia, began minting coins known as Joachimstalers.  The name came from the Joachimstal, which was the valley (tal) where the coins were minted.  The name was later shortened to taler. Eventually, this word evolved to daler in Denmark and Sweden, to  daaler in the Netherlands and to daelder in Flemish. In Ethiopia it became talari, and in Italy tallero.  Eventually, it found its way into English, where it became dollar. The dollar is the name of the currency of the USA, Singapore and Taiwan 

Other currencies derive etymologically from the concept of weight. Take for instance  pound, the currency of the United Kingdom and Egypt. Etymologically, it derived from the Latin pondo,  the ablative of pondus, weight). 

The currency of Israel, the schekel (New Schekel), is also based on weight (Hebrew unit equal to about 252 grains troy; a unit of value based on a shekel weight of gold or silver). 

The peso, currency of Argentina, Chile, Colombia, Mexico and the Philippines, is based on the Latin pnsum (something weighed, from neuter past participle of pendere, to weigh). 

Similarly, the lira, used today in Italy and Turkey, derives from the Latin libra, a unit of weight.

Test your world knowledge

1) The world's largest country is:
a) Brazil
b) United States
c) Russia
d) Canada

2) The tallest waterfall is:
a) Angel, in Venezuela
b) Utigard, in Norway
c) Yosemite, in California, USA
d) Tugela, in South Africa

3) The country with the lowest inflation between 1999 and 2000 was:
a) Vietnam
b) Hong Kong
c) Argentina
d) Central Africa

4) The country with the highest foreign debt is:
a) Russia
b) Mexico
c) China
d) Brazil

5)  The country with the highest rate of employment is:
a) Singapore
b) China
c) Switzerland
d) Kuwait

6) The country with the highest percentage of female employment is:
a) Cambodia
b) Bahamas
c) Belarus
d) United Kingdom

7) The world's largest bank is:
a) Bank of America
b) Citigroup
c) HSBC Holdings
d) Bank of Tokyo - Mitsubishi

8)The country with the most Nobel Prizes for Literature between 1901 and 2000 was:
a) United States
b) France
c) United Kingdom
d) Germany

9) The country with the most Gold Medals in the Summer Olympics 1924-1998 was:
a) Former Soviet Union
b) Germany
c) United States
d) United Kingdom

10) The first human in space was:
a) Gherman Titov
b) Yuri Gagarin
c) Valentina Tereshkova
d) Vladimir Remek

Quiz script provided by
JavaScriptKit.com

References: 
National Geographic, Vol. 2001 No. 6 June 2002
Merriam Webster Dictionary

Pocket World in Figures 2002 Edition, The Economist in Association with Profile Books LTD.


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