Nowadays, everyone is familiar with 'Bank' and related terms. Here, I will not be explain the meaning of bank however, we will look at an interesting fact about where the word 'Bank' originated from? There are two interesting stories behind it which everyone should know. The word 'Bank' came from the word 'Bench'. Before 12th century, in Rome (Central Itly), local merchants used to do their business using bench. Their main work was to give loan to public and to take interest against the loan. They also kept safe deposits of excess wealth and issued repository notes to their customers. The bench they used for trading was not ordinary. Those were made of fine wooden work with precious coins of gold and silver fixed on them. The size of coins was symbol of status for every merchant. As the time passed, the word 'Bench' became 'Banco' and then gradually it transformed into 'Bank'. In same way few other words also came with Bank...
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