There are some serious word-o-philes in these parts and even a couple of people who pretend to know Latin and stuff. I always dig learning the unexpected origins of both words and phrases.
So - let's get this started.
Probably only about five posters here didn't know this already but I love the origins of the word "bankrupt" - directly from the authorities at Wikipedia:
"The word bankruptcy is formed from the ancient Latin bancus (a bench or table), and ruptus (broken). A "bank" originally referred to a bench, which the first bankers had in the public places, in markets, fairs, etc. on which they tolled their money, wrote their bills of exchange, etc. Hence, when a banker failed, he broke his bank, to advertise to the public that the person to whom the bank belonged was no longer in a condition to continue his business. As this practice was very frequent in Italy, it is said the term bankrupt is derived from the Italian banca rotta, broken bank."
My understanding beyond that is that there was an actual ritual breaking of the "bench" of a banker who had failed - over which Venetian authorities would preside.
So - let's get this started.
Probably only about five posters here didn't know this already but I love the origins of the word "bankrupt" - directly from the authorities at Wikipedia:
"The word bankruptcy is formed from the ancient Latin bancus (a bench or table), and ruptus (broken). A "bank" originally referred to a bench, which the first bankers had in the public places, in markets, fairs, etc. on which they tolled their money, wrote their bills of exchange, etc. Hence, when a banker failed, he broke his bank, to advertise to the public that the person to whom the bank belonged was no longer in a condition to continue his business. As this practice was very frequent in Italy, it is said the term bankrupt is derived from the Italian banca rotta, broken bank."
My understanding beyond that is that there was an actual ritual breaking of the "bench" of a banker who had failed - over which Venetian authorities would preside.
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