NOMISMA

account

勘定 — Institutions

Counting and recording money as it comes and goes.

Penny of Offa Penny of Offa757–796 Carolingian silver denarius Carolingian silver denarius8th–9th century Kōsō Tsūhō (Huangsong Tongbao) Kōsō Tsūhō (Huangsong Tongbao)AD 1039–
A photograph of what this word names.

⚠ To "balance the accounts," a common unit is necessary. No matter how many different types of coins one had, they were converted into a single unit for bookkeeping. This led to the concept of money of account.