Background for taels

taels

/teɪlz/ /taɪlz/

Illustration taels - Image 1

noun

Any of several units of measure used in China and elsewhere in eastern Asia, approximately 40 grams.

Examples :

"The merchant weighed the silver in taels to determine its value for the trade. "

amount mass unit history economy value commerce

Illustration taels - Image 1

noun

Any of several monetary units equal to the equivalent weight in silver.

Examples :

"The merchant demanded payment of twenty taels for the silk, which would be calculated based on the current market value of silver by weight. "

value economy finance business amount

Illustration taels - Image 1

noun

Leung, a traditional unit of weight, in modern usage legally defined as 1/16 of a catty or kan (斤) or 0.0377993638 kilograms

Examples :

"The jeweler weighed the gold necklace and quoted a price of 500 dollars per tael. "

unit mass business commerce economy