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Post by account_disabled on Dec 22, 2017 7:46:17 GMT 1
Hello, Some people are of the opinion that the term Bankruptcy originated from the Italian term banco rotto, which means broken bench, as it was common for the bankers of that time to use a bench in public places such as markets to do business, count their money and to write bills of exchange on. Whenever a banker failed, he broke his bench in order to inform the public that was no longer in business, as he was bankrupt. The word Bankruptcyâ was actually derived from the ancient Latin term bancus ruptus which also means broken bench, where this practise originated amongst the first bankers. I didn't find the right solution from the internet. References: www.theforumsa.co.za/forums/showthread.php/5181-What-is-Bankruptcy2D Corporate Animation Video
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