11:44
that sucks :(
Warning
Info
LSDefine
Simple English definitions for legal terms
ducat
Read a random definition: open-ended claim
A quick definition of ducat:
Term: DUCAT
Definition: A gold coin that was used as money in Europe. It first appeared in Venice in the early 1100s and had a special message on it for Christ. The message said that the duchy (a type of land) was dedicated to Christ. The coin was used for a long time and was still used in some countries in the 1900s, like Austria and the Netherlands.
A more thorough explanation:
Definition: A ducat is a gold coin that was used as currency in Europe. It first appeared in Venice in the early 1100s and had the motto "sit tibi, Christe, dato, quem tu regis, iste Ducatus" which means "let this duchy which thou rulest be dedicated to thee, O Christ". The coin was used in several countries, including Austria and the Netherlands, and survived into the 20th century.
During the Renaissance period, ducats were commonly used to purchase goods and services. Merchants and traders would often carry ducats with them on their travels.
In the 19th century, the Austrian Empire issued ducats as a form of currency. These coins were made of gold and were highly valued.
These examples illustrate how ducats were used as a form of currency in different time periods and countries. They were highly valued and widely used for trade and commerce.