Money
What's the origin of the word 'money'? Take the Rediff Business Quiz to know more about the origin of commonly used terms in the world of finance.
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1. What's the origin of the word 'money'? a) Latin word moneta b) Latin word mons montis c) Latin word monstro
Wrong! Try again..
Wrong! The correct answer is Latin word moneta. The word 'money' comes from the Latin 'Moneta', the surname of the Roman goddess Juno in whose temple coins were made. As a tribute to Juno, Romans built a temple in her honour and kept their coinage here. She came to be known as the guardian of finances and her second name 'Moneta' evolved into one of mankind's most favourite words: money. 'Mons montis' means mountain, mount in Latin. 'Monstro' is to show, appoint, point out, or ordain in Latin
Correct! The word 'money' comes from the Latin 'Moneta', the surname of the Roman goddess Juno in whose temple coins were made. As a tribute to Juno, Romans built a temple in her honour and kept their coinage here. She came to be known as the guardian of finances and her second name 'Moneta' evolved into one of mankind's most favourite words: money. 'Mons montis' means mountain, mount in Latin. 'Monstro' is to show, appoint, point out, or ordain in Latin
2. What's the origin of the word salary? a) Latin word salarium b) Latin word salsus c) Latin word saltem
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Wrong! The correct answer is Latin word salarium. The Latin word salarium, which means 'salt allowance,' is the origin of 'salary'. Early Roman soldiers were reportedly given an allowance to buy salt as part of their income. In time, this word began to be applied more generally to one's wages. Salsus is salty, witty in Latin. Saltem means at least, at all events in Latin.
Correct! The Latin word salarium, which means 'salt allowance,' is the origin of 'salary'. Early Roman soldiers were reportedly given an allowance to buy salt as part of their income. In time, this word began to be applied more generally to one's wages. Salsus is salty, witty in Latin. Saltem means at least, at all events in Latin.
3. What's the origin of the word Budget? a) French word bougette b) Latin word Blandior c) Latin phrase bonus melior optimus
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Wrong! The correct answer is French word bougette. In the Middle Ages, French merchants carried their money in a bougette, or a 'little bag'. The word borrows from the Latin word bulga, meaning 'a leather bag'. Within the bag, one's monetary resources were kept. Over time, the word came to mean the allocation of resources by a country or an individual for specific purposes. Blandior is to flatter / caress, in Latin. The phrase bonus melior optimus is good, better, best in Latin.
Correct! In the Middle Ages, French merchants carried their money in a bougette, or a 'little bag'. The word borrows from the Latin word bulga, meaning 'a leather bag'. Within the bag, one's monetary resources were kept. Over time, the word came to mean the allocation of resources by a country or an individual for specific purposes. Blandior is to flatter / caress, in Latin. The phrase bonus melior optimus is good, better, best in Latin.
4. Where does the word economist come from? a) Latin word ecquando b) Greek term oikonomia c) Latin term Accendo
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Wrong! The correct option is Greek term oikonomia. This word is originates from the Greek term oikonomia, which means 'house management'. It originally applied to persons who were good administrators within a community, business or home. Ecquando means at any time in Latin. Accendo is to kindle / illuminate / inflame in Latin.
Correct! This word is originates from the Greek term oikonomia, which means 'house management'. It originally applied to persons who were good administrators within a community, business or home. Ecquando means at any time in Latin. Accendo is to kindle / illuminate / inflame in Latin.
5. And finance? Can you tell the origin of this word? a) Latin term fines finium b) Latin term Dinitimus finitumus c) From Latin 'finis' and French 'fin'
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Wrong! The correct answer is From Latin 'finis' and French 'fin'. Finance derives from the Latin 'finis' and Old French word 'fin' for fine, which originally meant 'end'. The French word for finance came to mean both 'payment' and 'ending', but in the 18th century the English adapted it to mean 'the management of money'. In Latin, fines finium refers to boundaries, limits, / territory. Dinitimus finitumus is neighboring / adjacent / related to / similar in Latin.
Correct! Finance derives from the Latin 'finis' and Old French word 'fin' for fine, which originally meant 'end'. The French word for finance came to mean both 'payment' and 'ending', but in the 18th century the English adapted it to mean 'the management of money'. In Latin, fines finium refers to boundaries, limits, / territory. Dinitimus finitumus is neighboring / adjacent / related to / similar in Latin.
