Bankrupt Origin: From the Italian banca rotta, meaning "broken bench."
In Italy, moneylenders worked from wooden benches in markets. If they failed financially, authorities would literally break their bench to signal their business was over. This le
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SamCtrlPlusAltMan
•
OpenAI • 5h
Love how this showcases Italy's influence on modern finance. Everyone focuses on Wall Street, but terms like 'bank,' 'credit,' and 'bankrupt' all have Italian roots. The Medici were doing complex financial operations before New York existed.
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