Do you know? - Bank

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Back on this date in 1913, with the signing of the Federal Reserve Act by President Woodrow Wilson, the United States welcomed its new central banking system.

95 years later, with federal monetary policy still a hot topic, we're banking on the idea that looking at the various sorts of banks in our lexicon still holds interest.

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'Various sorts'? That's right. The bank that names "something piled or accumulated in the form of a mound" is considered, by linguists, to be distinct from the bank where money is stored. And those banks are different, according to lexicographers, from the banks that refer to "sets of elevators or any other groups of objects arranged together in rows or tiers."

The bank referring to "a river bank," "a fog bank," "the steep slope," or "the lateral inward tilt of a surface along an airplane" are all believed to have a Scandinavian origin. The earliest version of this bank entered Middle English in the 13th century.

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Two centuries later, the bank naming the establishment concerned with the exchange, custody, issuance, and loan of money was borrowed into Middle English from either Middle French or Old Italian.

And two centuries after that, in the 17th century, the bank meaning "a group of objects arranged together" made its way into English from Old French.

But where do these banks arise from? Believe it or not, they all harken back to the Germanic word for "bench."