The correct answer is: C. To lend
The Italian word “banco” means “to lend”. This is the origin of the English word “bank”, which is used to refer to both financial institutions and the land alongside a river or lake.
The word “banco” first appeared in the 13th century, and it was originally used to refer to a bench or table where moneylenders would sit to conduct their business. The word later came to be used to refer to the moneylenders themselves, and then to the institutions that they operated.
The first banks were established in Italy in the 14th century, and they quickly spread to other parts of Europe. Banks played a vital role in the development of the modern economy, and they continue to be an important part of the financial system today.
Here is a brief explanation of each option:
- A. Iron vault is not the correct answer because the Italian word “banco” does not mean “iron vault”.
- B. Money is not the correct answer because the Italian word “banco” does not mean “money”.
- C. To lend is the correct answer because the Italian word “banco” means “to lend”.
- D. Bench is not the correct answer because the Italian word “banco” does not mean “bench”.