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BANKER

Volume 2 · 88 words · 1797 Edition

person who traffics and negotiates in money; who receives and remits money from place to place by commission from correspondents, or by means of bills or letters of exchange, &c.

The ancient bankers were called argentarii, and nummularii; by the Greeks, ἀργυροποιοί, κόλαστραι, and ἀργυροποιοί. Their chief business was to put out the money of private persons to interest: they had their boards and benches, for this purpose, in all the markets and public places, where they took in the money from some, to lend it to others.