Notice: This is the official website of the All Empires History Community (Reg. 10 Feb 2002)

  FAQ FAQ  Forum Search   Register Register  Login Login

Ancient Persian Origin of Bank

 Post Reply Post Reply
Cyrus Shahmiri View Drop Down
King of Kings

Joined: 07-Aug-2004
Location: Iran
Online Status: Offline
Posts: 6240
  Quote Cyrus Shahmiri Quote  Post ReplyReply Direct Link To This Post Topic: Ancient Persian Origin of Bank
    Posted: 04-Aug-2014 at 12:48
You can read about "History of Banking in Iran" here:

Many Iranian linguists believe that the word "bank" and some other related words have Persian origin, among these words I have just found about the Persian origin of the word "cheque" in the English dictionaries.

Etymological dictionaries attribute the financial meaning to come from "a check against forgery," with the use of "check" to mean "control" stemming from a check in chess, a term which came into English through French, Latin, Arabic and ultimately from the Persian word "shah" or "king."

Of course that etymology is wrong, and I don't how "check in chess" can mean "king", the Persian verb "chik" and Arabicized "siq" means "to sick", anyway we also read about an Arabic origin of cheque:

The modern cheque comes from the Arabic saqq, a written vow to pay for goods when they were delivered, to avoid money having to be transported across dangerous terrain. In the 9th century, a Muslim businessman could cash a cheque in China drawn on his bank in Baghdad.

The fact is that Both English "cheque" and Arabic "saqq" come from Middle Persian "chak" which means "document, written evidence".

But about the word "bank", we read in wikipedia:

The word bank was borrowed in Middle English from Middle French banque, from Old Italian banca, from Old High German banc, bank "bench, counter". Benches were used as desks or exchange counters during the Renaissance by Florentine bankers, who used to make their transactions atop desks covered by green tablecloths.

Iranian linguists believe that "bank" comes from the Persian word "bangah/bongah", this word is still used in the Persian language and means "business or financial place", the second part is the suffix "-gah" which forms words of location, but the first part is "bon" which means "fund" (bon and fund have the same Indo-European origin).
Back to Top
 Post Reply Post Reply

Forum Jump Forum Permissions View Drop Down

Bulletin Board Software by Web Wiz Forums® version 9.56a [Free Express Edition]
Copyright ©2001-2009 Web Wiz

This page was generated in 0.078 seconds.