Beyond Words

Archive for the ‘Etymology’ Category

Election Day Etymologies!

November 4th, 2008 by Maria, Contributing Writer

Obama

Happy election day everyone! If you can vote and you’ve yet to do so, stop reading this post and get to your polling location! Whether your political allegiance lies with the republicans, the democrats, or neither party, here’s to another peaceful transfer of power.

[Update] Obama Wins! Well done, USA.

PRESIDENT
From the Latin word præsidere, meaning to act as head or to govern, we have the modern title of our commander-in-chief: President. First used in the United States in the 17th-century to designate the chief executive officers of individual colonies, the term president came to mean the principle executor of the country in 1787, as written in the U.S. Constitution.

The prefix “vice” in the office of vice-president also comes from Latin and means “instead of” or “in place of,” and marks the role of the vice-president as the person to replace the president if necessary.


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Etymology of Halloween

October 30th, 2008 by Maria, Contributing Writer

Like many modern holidays, the history of Halloween links an ancient pagan ritual with the Christian effort to eradicate it, ending in the repackaged consumer holiday we know today.

Halloween began as the ancient Gaelic holiday of Samhain. On the 1st of November, the Celts celebrated the bittersweet end of the warm summer and autumnal months of the harvest season and ushered in the winter. During this seasonal change, the Celts believed that the spirits of the dead wandered just past their rightful territory, into the world of the living. To confuse and repel these ghosts, the Celts wore costumes and masks.

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Etymology of Stockholder

October 28th, 2008 by Tetyana, Contributing Writer

As the financial crisis gains momentum and uncertainty reigns over the markets, we tend to look at stock market behavior as a barometer of the economic environment. After yet another stock roller-coaster day, stockholders are more uncertain about tomorrow. The origin of the word stockholder has an interesting history which dates back many centuries.

The earliest system of recording bilateral exchange was a tally stick system. The technique of using a tally stick to keep track of financial transactions arose in medieval Europe in the 12th century, when King Henry I introduced tally sticks with notches of different sizes to mark denominations. The stick (usually from hazel) was split lengthwise, so that both parties had a complete record of the transaction. Later, to prevent any counterfeit, the two parts of the stick were made different in size: a lending party held the longer part of the stick, called a stock, and the receiving party held a foil, the shorter part.

So, the stockholder was the one who held a wooden stock. The king kept one part of the stick for his records, and the other part was released into the markets to circulate as money. The king also accepted tally sticks for tax payments, which insured their credibility as money. The system was very successful and lasted in England until the early 18th century. In some small European countries, it survived until the early 20th century.

If we were back in King Henry’s times, we might be throwing sticks in order to inject liquidity into the economy. In any case, sitting on our assets would be quite uncomfortable.

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Etymology of “Economy”

October 15th, 2008 by Maria, Contributing Writer

Obama Posters in Atlanta, Georgia

There is no doubt that when the candidates get together tonight for the third and final debate, they will focus on the state of the economy.

Like many words frequently used in matters of state and government, economy has its origins in Ancient Greece.

Eco is a derivation of the Greek oikos, meaning an extended family unit that consists of the house, members of the family, slaves, farmland, and all property.

The oikos was run by the oldest male of the family, whose role it was to tend to agriculture and to ensure that all components of the family unit were running smoothly. Thus, eco now designates a broad, self-sustained unit, as in the terms ecology and ecosystem.

The suffix –nomy is derived from the Greek nomos, meaning management, law, or principle. Thus oikonomos, the original form of economics, meant the management of the hearth and home.

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Etymology of “Campaign”

October 12th, 2008 by Maria, Contributing Writer

Washington Monument

Now that the U.S. has entered into the final weeks of a long presidential campaign, let’s take a closer look at the language we use to describe the process.

The etymology of the word campaign reflects a military history dating back to 17th-century Europe. The Latin campus — adopted in the French as campagne and campgna in Italian — means, simply, a field. Centuries ago, armies battled in open fields, launching military “campaigns” against one another. The political sense of campaigning by traveling and delivering speeches to garner support originates in the 18th-century and extends from the same principle of going into the country.

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