Notable Quote Moneta turned money: The term harkens back to temples of Roman deity Juno Moneta. History Lesson Her distinguished leadership in the Kansas banking community, her experience as Kansas Bank Commissioner and her smalltown Kansas roots will make her an exceptional member of the board. " -Sen. Jerry Moran (R-Kan.) on Michelle " Miki " Bowman joining the Board of Governors of the Federal Reserve System What's in a name? Understanding the origins of common financial terms can help us connect with the deeper meaning and history behind the words we use every day. The temple that launched money One of the earliest Roman mints was a temple devoted to Juno, who was also called Juno Moneta, a deity who protected Rome's finances. Etymologists believe coins from the Juno Moneta temple came to be referred to generically as moneta (like a modern-day version of Kleenex or Google). The bench became a bank During the Renaissance, the first Italian bankers gathered in piazzas beside portable benches where they would exchange money and do business. The Latin word banco, which means " bench, " soon came to denote these financial practices and the institutions that congregated by the benches. Dough and bread-which came first? Scholars say the word " dough " entered the English language as a way to describe money in the mid-1800s, but using " bread " as a synonym didn't catch on until the 1930s. Skins or sawbucks? The reason we refer to dollars as " bucks " has a couple possible explanations. Some historians suggest " buck " is a shortened form of the word " sawbuck, " a historical nickname for the $10 bill that eventually came to refer to the $1 bill. Others believe it refers to the common 18th-century practice of trading in buckskins as a form of currency. -Julie Kendrick independentbanker.org Q 13http://www.independentbanker.org