KnowBe4 - The interesting history and origin of the word "Bankruptcy"

The interesting history and origin of the word "Bankruptcy"

Regarding the current SVB meltdown, the English word "bankruptcy" has its roots in medieval Italy. It comes from the word "banca rotta," which means "broken bench." This term was used when a money lender ran out of funds, and the bench or table they were doing business on was physically broken in half.



from KnowBe4 Security Awareness Training Blog https://blog.knowbe4.com/the-interesting-history-and-origin-of-the-word-bankruptcy

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