Question

What is the origin of the term “dollar”?

Answer 1

The term "dollar" originated from the Thaler, a silver coin used in Europe in the 16th century. The Thaler was later adapted and renamed as the dollar in various countries, including the United States.

Answer 2

The term "dollar" originated from the German word "Thaler," which was a silver coin used in the 16th century. The coin was first minted in the town of Joachimsthal, hence the name "Joachimsthaler" which later became "Thaler." The term "dollar" was later adopted in the United States as the name for its currency.

Answer 3

The term "dollar" comes from the German word "Thaler," a large silver coin minted in the Bohemian town of Joachimsthal in the 16th century. The coin became widely used in Europe and was eventually adopted by the United States as its official currency in 1792.

Answer 4

The term "dollar" has its origins in Europe and is derived from a coin called the "thaler," which was widely used in various European countries from the 16th century onward.

The thaler was a large silver coin that originated in the Holy Roman Empire and was first minted in the town of Joachimsthal (located in what is now the Czech Republic) in 1518. The name "thaler" comes from "Joachimsthaler," meaning "of Joachimsthal." The thaler became a popular trading currency due to its consistent silver content and reliable value.