Dollar

The dollar is older than the United States of America

Published: 03:25, August 18, 2014

Did you know the word ‘Dollar’ was commonly used in England long before the Pilgrim Fathers set sail for America? Below are examples of its usage in two Shakespeare plays:

Macbeth Act I, Scene II:

Rosse: “That now. Sweno, the Norway’s King, craves composition; Nor would we deign him burial of his men. Till he disbursed at Saint Colme’s Inch. Ten thousand dollars to our general use.”

The Tempest, Act II, Scene 1:

Gonzalo: “When every grief is entertain’d that’s offer’d, Comes to th’ entertainer.”

Sebastian: “A dollar.”

Gonzalo: “Dolour comes to him, indeed: you have spoken truer than you purpos’d.”

William Shakespeare
The word “dollar” was commonly used during Shakespeare’s time.

The word ‘Dollar’ is an anglicized form of the Bohemian word ‘Thaler’ (pronounced taler with a long “a”). Thalers were coins first minted in 1519. They were made of silver that was mined in Joachimsthal in Bohemia. ‘Thaler’ is the shortened form of Joachimsthal.

The word ‘Thaler’ or ‘Taler’ made its way into many languages, including Czech (tolar), several Scandinavian languages (daler), Ethiopian (talari), Persian (Dare) and English (dollar).

In England, before decimalization in 1971, a ‘dollar’ or ‘crown’ was an informal term for five shillings (25 pence in modern UK money) and ‘half-a-dollar’ or ‘half-a-crown meant 2.5 shillings (12.5 pence in modern UK money).

Dollar nicknames

The most common nickname for the US dollar is ‘buck’. The term dates back to the 18th century and may either have originated with the colonial leather trade or from a poker term.

‘Greenback’ comes from the 19th century Demand Note dollars that Abraham Lincoln created to fund the costs of the Civil War for the North. It was printed in black and green on the back.

Some people may say ‘dead presidents’ (because they contain pictures of ex-presidents who are no longer alive), ‘green’ or ‘greenmail’ when referring to dollars.

Origin of Dollar

It all started in a little town in Northern Germany.

Christian Nordqvist Avatar

Other News

Bank AI use was linked to a smaller share of small-business lending, Fed study finds

Sep 26, 2026

Iridium shareholders approve Rocket Lab takeover: what still has to happen

Sep 25, 2026

Akamai’s 11.6 billion dollar Anthropic deal ties cloud revenue to a 5.5 billion dollar buildout

Sep 25, 2026

Bentley completes 350 million pound Crewe investment as it unveils its first electric vehicle

Sep 25, 2026

Falling birth rates did not reduce total output in historical data, NBER study finds

Sep 25, 2026

Cheaper renewable power does not solve the capital problem for poorer countries

Sep 25, 2026

Facial payments may feel novel, but money worries can curb repeat use

Sep 24, 2026

Precision farming cuts water use while raising crop yields, study finds

Sep 24, 2026

EU allocates €505m to Lebanon for recovery, reforms and basic services

Sep 23, 2026

Alcoa raises $2.6bn in notes to fund South32 aluminium-assets deal

Sep 23, 2026

UK workplace health plan targets preventable exits from employment

Sep 23, 2026

IMF says Sri Lanka’s recovery is holding, but the next review is still unresolved

Sep 23, 2026

OECD sees global growth holding up after energy shock, but forecasts higher inflation

Sep 23, 2026

QAD and Redzone plan NVIDIA-powered AI for factory data and production planning

Sep 22, 2026

World Cup pitchside sponsorship raised a cross-border advertising problem

Sep 22, 2026

Hollywood’s biggest budgets still favour male-only teams, study finds

Sep 22, 2026

Why more companies are becoming their own insurers

Sep 22, 2026

EU publishes data-centre rating rules and opens consultation on minimum standards

Sep 21, 2026

ABB launches Infinitus DC portfolio for AI data centers, with first full sites expected in two to three years

Sep 21, 2026

Starbucks selects Chennai for a technology hub, with work set to move in-house over time

Sep 21, 2026