Cryptocurrency Q&A Why is 1000 called a grand?

Why is 1000 called a grand?

Caterina Caterina Fri Mar 07 2025 | 5 answers 1281
I've always wondered why the number 1000 is referred to as a 'grand'. Is there a historical or cultural reason behind this terminology? I'm curious to know the origin of this expression. Why is 1000 called a grand?

5 answers

Margherita Margherita Sat Mar 08 2025
The origin of the term "grand" to signify "one thousand dollars" remains shrouded in uncertainty.

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CryptoGladiator CryptoGladiator Sat Mar 08 2025
The underground community, perhaps recognizing the discreet nature of the term, embraced "grand" as a code word.

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Ilaria Ilaria Sat Mar 08 2025
Despite the lack of a definitive history, there is a general consensus regarding when the term gained popularity.

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OliviaTaylor OliviaTaylor Sat Mar 08 2025
In the early 1900s, one thousand dollars was widely regarded as a substantial amount of money.

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BlockchainBaronessGuard BlockchainBaronessGuard Sat Mar 08 2025
This significant sum led to the colloquial adoption of "grand" as a slang term for one thousand dollars.

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