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As a side note, our word `pecuniary', referring to money, comes from the Latin word `pecu', meaning `bovine animal'. Reckoning one's wealth in cattle has a long
by vincent-manis 4y ago
As a side note, our word `pecuniary', referring to money, comes from the Latin word `pecu', meaning `bovine animal'. Reckoning one's wealth in cattle has a long history.
- mistrial9 4y ago"In these parts, it is the pig who is the gentleman that pays the rent" -- Child Bride, 1938
- moksha256 4y agoIndeed...you can trace the origins of the word "capital" to the word "cattle".
- state_less 4y agoIs that why inflationary periods are called bull markets?
- 542458 4y agoBull market doesn’t mean inflationary, it just means that the market trend is upwards. But to your actual question: Not according to Wikipedia at least. https://en.m.wikipedia.org/wiki/Market_trend https://en.m.wikipedia.org/wiki/Market_trend It seems “Bear Market” came first, and bull market was a play on it.
- sshine 4y agohttps://www.merriam-webster.com/words-at-play/the-origins-of-the-bear-and-bull-in-the-stock-market https://www.merriam-webster.com/words-at-play/the-origins-of... > Etymologists point to a proverb warning that it is not wise "to sell the bear's skin before one has caught the bear." By the eighteenth century, the term bearskin was being used in the phrase "to sell (or buy) the bearskin" and in the name "bearskin jobber," referring to one selling the "bearskin." Bearskin was quickly shortened to bear, which was applied to stock that was being sold by a speculator and the speculator selling stock. > At about the same time, another animal symbol made its appearance in the marketplace. The term bull originally meant a speculative purchase in the expectation that stock prices would rise; the term was later applied to the person making such purchases. The animal seems to have been chosen as a fitting alter ego to the bear. Thus poet Alexander Pope wrote in 1720: Come fill the South Sea goblet full; The gods shall of our stock take care: Europa pleased accepts the Bull, And Jove with joy puts off the Bear.
- vermilingua 4y agoThe explanation I've always heard is that bulls swipe up with their horns, while bears swipe down with their paws.
- eyelidlessness 4y agoThe market is the worst dating app.
- gitanovic 4y agoThere's also a say: "pecunia non olet" that literally translates to "money does not stink" but in latin is kind of funny, because pecunia comes from pecu, which does indeed stink :)
- InitialLastName 4y agoYou can read large chunks of Leviticus as a code of fines, fees and taxes (to be paid to the priest-civil-servant caste for their ritual sacrifice and consumption) for a variety of offenses, predominantly denominated in livestock.
- qiskit 4y agoThe word fee derives from an old german word for cow.