Curiosity – Bankrupture

I came across an interesting link on Forgotten English words, and I realised two things, many of the words have similar pronounciation in Swedish, about 60% of the Swedish words has origin on old Germany, and apparently ancient English and German have words in common.

Why I presented it here, is the interesting origin of Bankrupture and Bank (which I must admit, I wasn’t aware of )…

Bankrupture
Painful-sounding variant of bankruptcy. An Italian moneylender of the 14th century would often work outdoors on a wooden bench called a bancas, which would be physically destroyed if the banker became insolvent. That process, called bancarotto, was adopted into French in the 1500s as banqueroute and in to English shortly thereafter. The second half of this word was exchanged for Latin ruptus, “broken,” in the 1530s, giving rise to such variations as bankruptism until the word settled into its present form.

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~ by petergullberg on January 17, 2009.

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