Bank

Bank Banking in the modern sense of the word butt joint be traced to medieval and early Renaissance Italy, to the rich cities in the northeasterly like Florence, Venice andGenoa. The Bardi and Peruzzi families dominated swearing in fourteenth century Florence, establishing branches in many other parts of Europe.  peradventure the most historied Italian bank was the Medici bank, set up by Giovanni Medici in 1397. The earliest known state place bank, Banco di San Giorgio (Bank of St. George), was open uped in 1407 at Genoa, Italy. The word bank was borrowed in  midpoint slope from Middle French banque, from Old Italian banca, from Old High German banc, bank bench, counter. Benches were utilize as desks or deepen counters during the Renaissance by Florentine bankers, who used to make their transactions atop desks covered by green tablecloths. One of the oldest items found showing money-changing activity is a silver Grecian fluid dram coin from past Hellenic colony Trapezus on the discolour Sea, modern Trabzon, c. 350325 BC, presented in the British Museum in London. The coin shows a bankers table (trapeza) pissed with coins, a pun on the cook of the city. In fact, change surface today in Modern Greek the word Trapeza (???????) way of life both a table and a bank. Another likely origin of the word is from the Sanskrit words (????) baya (Expense ) and Onka (Calculation) = BayaOnka.

This word subdued survives in Bangla, which is one of the Sanskrits child languages. ?????? + ???? = ??????? . such(prenominal) expense calculations were the biggest part of mathmetical treaties write by Indian mathmeticians as early as vitamin D B.C. -----------------------! -------------------------- Definition The definition of a bank varies from country to country. suffer the relevant country page (below) for more information. Under English common law, a banker is defined as a soul who carries on the business of banking, which is specified as * conducting  ongoing accounts for his customers * paying(a) cheques drawn on him, and *...If you want to get a full-of-the-moon essay, order it on our website: OrderEssay.net

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