ABSTRACT
In etymological terms, the Danish word penge was coined from the plural of penning, which is of uncertain origin (compare English “penny,” German Pfennig),1 although Molbech, in the nineteenth century, conceived of either Penning or Pending as coming from Old Danish.2 In any event, his definition of “money” stipulates that it is “a minted, stamped piece of metal upon which generally a particular value is bestowed.”3 It is worth noting that Kierkegaard also refers to paper money.4
