in American, often also mark = thousand!): Currency unit in Germany from 1871 until monetary union in 1999. The name derives from a metal bar with a stamp (checkmark). Before that, the mark had already been the basic unit in individual states. The Cologne mark, weighing 233.85 g of silver, was a model for many other later marks as early as the Middle Ages. – The Mark Banko had gained importance as a clearing money from Hamburg. – In 1838, the Prussian mark became the so-called Münzmark of the German Customs Union, an association of German states for customs and trade policy; the Customs Union Treaty came into force on January 1, 1834. – See Goldmark, Halling, Münzfuss, Reichsmark, Ort, Pfennig, Taler, Währungsreform.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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