Wiardunek
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Wiardunek
The Wiardunek (also referred to as wiardunk, czwartak or ferton; german: viertel, la, ferto) was a Mediaeval Central European unit of mass most widely used in Poland and Germany. Wiardunek was also used as a unit of account, and as a such as commodity money. As a unit of mass 1 wiardunek (ca. 49 g) was equivalent to 1/4 of grzywna. Two ounces made up one wiardunek, and in turn each ounce consisted of two lots Lot or LOT or The Lot or ''similar'' may refer to: Common meanings Areas *Land lot, an area of land *Parking lot, for automobiles *Backlot, in movie production Sets of items *Lot number, in batch production *Lot, a set of goods for sale together .... As a unit of currency, the wiardunek was introduced probably around 14th century, first in Bohemia and then in other Central European states. This usage followed the same scheme as for other commodities, that is 1 wiardunek of pure silver was equivalent to 1/4 of grzywna, which in turn was composed of 64 groschen. This ...
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Middle Ages
In the history of Europe, the Middle Ages or medieval period lasted approximately from the late 5th to the late 15th centuries, similar to the post-classical period of global history. It began with the fall of the Western Roman Empire and transitioned into the Renaissance and the Age of Discovery. The Middle Ages is the middle period of the three traditional divisions of Western history: classical antiquity, the medieval period, and the modern period. The medieval period is itself subdivided into the Early, High, and Late Middle Ages. Population decline, counterurbanisation, the collapse of centralized authority, invasions, and mass migrations of tribes, which had begun in late antiquity, continued into the Early Middle Ages. The large-scale movements of the Migration Period, including various Germanic peoples, formed new kingdoms in what remained of the Western Roman Empire. In the 7th century, North Africa and the Middle East—most recently part of the Eastern Ro ...
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Central Europe
Central Europe is an area of Europe between Western Europe and Eastern Europe, based on a common historical, social and cultural identity. The Thirty Years' War (1618–1648) between Catholicism and Protestantism significantly shaped the area's history. The concept of "Central Europe" appeared in the 19th century. Central Europe comprised most of the territories of the Holy Roman Empire and those of the two neighboring kingdoms of Poland and Hungary. Hungary and parts of Poland were later part of the Habsburg monarchy, which also significantly shaped the history of Central Europe. Unlike their Western European (Portugal, Spain et al.) and Eastern European (Russia) counterparts, the Central European nations never had any notable colonies (either overseas or adjacent) due to their inland location and other factors. It has often been argued that one of the contributing causes of both World War I and World War II was Germany's lack of original overseas colonies. After World War ...
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Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous member state of the European Union. Warsaw is the nation's capital and largest metropolis. Other major cities include Kraków, Wrocław, Łódź, Poznań, Gdańsk, and Szczecin. Poland has a temperate transitional climate and its territory traverses the Central European Plain, extending from Baltic Sea in the north to Sudeten and Carpathian Mountains in the south. The longest Polish river is the Vistula, and Poland's highest point is Mount Rysy, situated in the Tatra mountain range of the Carpathians. The country is bordered by Lithuania and Russia to the northeast, Belarus and Ukraine to the east, Slovakia and the Czech Republic to the south, and Germany to the west. It also shares maritime boundaries with Denmark and Sweden. ...
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Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between the Baltic and North seas to the north, and the Alps to the south; it covers an area of , with a population of almost 84 million within its 16 constituent states. Germany borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its financial centre is Frankfurt; the largest urban area is the Ruhr. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the bulk of the Holy Roman Empire. During the 16th ce ...
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Unit Of Account
In economics, unit of account is one of the money functions. A unit of account is a standard numerical monetary unit of measurement of the market value of goods, services, and other transactions. Also known as a "measure" or "standard" of relative worth and deferred payment, a unit of account is a necessary prerequisite for the formulation of commercial agreements that involve debt. Money acts as a standard measure and a common denomination of trade. It is thus a basis for quoting and bargaining of prices. It is necessary for developing efficient accounting systems. Economics Unit of account in economics allows a somewhat meaningful interpretation of prices, costs, and profits, so that an entity can monitor its own performance. It allows shareholders to make sense of its past performance and have an idea of its future profitability. The use of money, as a relatively stable unit of measure, can tend to drive market economies toward efficiency. Historically, prices were often ...
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Commodity Money
Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods. This is in contrast to representative money, which has no intrinsic value but represents something of value such as gold or silver, in which it can be exchanged, and fiat money, which derives its value from having been established as money by government regulation. Examples of commodities that have been used as media of exchange include gold, silver, copper, salt, peppercorns, tea, decorated belts, shells, alcohol, cigarettes, silk, candy, nails, cocoa beans, cowries and barley. Several types of commodity money were sometimes used together, with fixed relative values, in various commodity valuation or price system economies. Aspects Commodity money is to be distinguished from representative money, which is a certificate or token which can be exchanged for the un ...
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Gram
The gram (originally gramme; SI unit symbol g) is a Physical unit, unit of mass in the International System of Units (SI) equal to one one thousandth of a kilogram. Originally defined as of 1795 as "the absolute weight of a volume of pure water equal to Cube (algebra), the cube of the hundredth part of a metre [1 Cubic centimetre, cm3], and at Melting point of water, the temperature of Melting point, melting ice", the defining temperature (~0 °C) was later changed to 4 °C, the temperature of maximum density of water. However, by the late 19th century, there was an effort to make the Base unit (measurement), base unit the kilogram and the gram a derived unit. In 1960, the new International System of Units defined a ''gram'' as one one-thousandth of a kilogram (i.e., one gram is Scientific notation, 1×10−3 kg). The kilogram, 2019 redefinition of the SI base units, as of 2019, is defined by the International Bureau of Weights and Measures from the fixed numeric ...
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Grzywna (unit)
The grzywna () was a measure of weight, mainly for silver, commonly used throughout medieval central and eastern Europe, particularly in the Kingdom of Poland and Kingdom of Bohemia ( cz, hřivna). Grzywna was also a unit of measure of a unit of exchange, and as such used as money in the 10th–15th centuries. Silver ingots acted as commodity money before the widespread use of minted coins. Several different grzywnas developed with their own system of weight and exchange, such as the Kulm grzywna and the Kraków grzywna. Etymology The name is derived from from . In modern Polish language, ''grzywna'' literally translates as ''fine'' (legal penalty). Kraków grzywna The Kraków grzywna, used in Poland, weighed anywhere from 196.26 g to 201.86 g, depending on the timeframe. In the 14th century, it was equal to 196.26 g, while in the beginning of the 16th century in weighed 197.684 g, but after 1558 it was equivalent to 201.802 g and after 1650 it was 20 ...
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Ounces
The ounce () is any of several different units of mass, weight or volume and is derived almost unchanged from the , an Ancient Roman unit of measurement. The avoirdupois ounce (exactly ) is avoirdupois pound; this is the United States customary and British imperial ounce. It is primarily used in the United States to measure packaged foods and food portions, postal items, areal density of fabric and paper, boxing gloves, and so on, but it is sometimes also used elsewhere in the Anglosphere. Although the avoirdupois ounce is the mass measure used for most purposes, the 'troy ounce' of exactly is used instead for the mass of precious metals such as gold, silver, platinum, palladium, rhodium, etc. The term 'ounce' is also used in other contexts: * The ounce-force is a measure of force (see below). * The fluid ounce is a measure of volume. Historically, a variety of different ounces measuring mass or volume were used in different jurisdictions by different trades and at differe ...
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Lot (unit)
The Lot (formerly also written ''Loth'') was a unit of measurement of mass, which was mainly used in German-speaking states of the Holy Roman Empire and in Scandinavia. It was replaced in the German Reich in 1868/69/72, in Austria in 1871/76 and in Switzerland in 1875/77 by the metric unit of measurement, the gramme. But in the early 20th century it was still used as a popular unit of measure in cooking and baking recipes. An imprecise but clear rule of thumb is that a ''lot'' corresponds to a "spoonful". Old ''Lot'' In Germany, Austria and Switzerland, the following weight system was traditionally used: (trading) ''Pfund'' = 1 ''Lot'' = 4 ''Quents'' = 16 ''Pfennig'' weights = 32 ''Heller'' weights The ''Lot'' had different weights in the various German states depending on the definition of the ''Pfund'' ("pound"); its definition also varied over time. However it was mostly set at between 14 g and 18 g. Some examples: * 14.606 g before May 1856 in Prussia, Anh ...
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Groschen
Groschen (; from la, grossus "thick", via Old Czech ') a (sometimes colloquial) name for various coins, especially a silver coin used in various states of the Holy Roman Empire and other parts of Europe. The word is borrowed from the late Latin description of a tornose, a ''grossus denarius Turnosus,'' in English the "thick denarius of Tours". Groschen was frequently abbreviated in old documents to ''gl'', whereby the second letter was not an '' l'' (12th letter of the alphabet), but an abbreviation symbol; later it was written as ''Gr'' or ''g''. Names and etymology The name was introduced in 13th-century France as ', lit. "thick penny", whence Old French ', Italian ', Middle High German ', Low German and Dutch ' and English '' groat''. In the 14th century, it appeared as Old Czech ', whence Modern German '. Names in other modern European languages include: * sq, grosh * Church Slavonic-derived languages: Bulgarian, Macedonian, Russian and Serbo-Croatian ('), Ukrain ...
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