Mesopotamian merchants spread their commercial institutions far and wide, into Western Asia, Egypt and Europe. The ancient inhabitants of Babylonia u… - Cyrus Herzl Gordon

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Mesopotamian merchants spread their commercial institutions far and wide, into Western Asia, Egypt and Europe. The ancient inhabitants of Babylonia used the word qaqqadum, 'head', in the sense of 'principal'... our English word 'capital' (via Latin caput [head]) reflects ancient Mesoptamian usage. ...our financial system, that reckons with interest on principal, harks back to the land between the Tigris and Euphrates rivers.

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About Cyrus Herzl Gordon

Cyrus Herzl Gordon (June 29, 1908 – March 30, 2001), was an American author, teacher, linguist, field archaeologist, cryptanalyst and scholar of Near Eastern cultures and ancient languages. He challenged traditional theories about Greek and Hebrew cultures by claiming that these were derived from a common second millenium East Mediterranean foundation.

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