Definition of Rentenmark in English:

Rentenmark

noun

historical
  • In Germany: a monetary unit tied to industrial and agricultural resources rather than to gold, introduced in November 1923 and superseded by the Reichsmark in 1924.

Origin

1920s; earliest use found in The Times. From German Rentenmark from Renten-, combining form of Rente income deriving from capital, land, etc. + Mark, after the name of the Deutsche Rentenbank, a bank founded in 1923 to stabilize the currency; compare also Rentenpapier bond, Rentenmarkt bond market.

Pronunciation

Rentenmark

/ˈrɛnt(ə)nˌmɑːk/