Define: Argentarius Miles

Argentarius Miles
Argentarius Miles
What is the dictionary definition of Argentarius Miles?
Dictionary Definition of Argentarius Miles

Argentarius Miles refers to a Latin phrase that translates to “silver soldier” in English. In ancient Rome, an Argentarius Miles was a soldier who was paid in silver coins, known as denarii, as opposed to the standard payment in bronze coins. This term was used to distinguish soldiers who received a higher salary due to their rank or special duties. The use of silver coins as payment was a symbol of higher status and wealth within the military hierarchy.

Full Definition Of Argentarius Miles

Argentarius Miles is a legal term that refers to a person who is authorized to act as a money changer or banker in ancient Rome. The term “argentarius” means a person who deals with silver or money, while “miles” refers to a soldier. In Roman law, an argentarius miles was a licenced individual who could engage in financial transactions, such as exchanging currency, lending money, or accepting deposits.

The role of an argentarius miles was significant in ancient Rome, as they played a crucial role in facilitating trade and commerce. They were responsible for providing a safe and secure environment for financial transactions, ensuring the integrity of the currency, and maintaining trust in the financial system.

To become an argentarius miles, an individual had to obtain a licence from the Roman government, which involved meeting certain requirements and demonstrating financial competence. They were subject to regulations and oversight by the authorities to prevent fraud, ensure fair practices, and protect the interests of the public.

The term argentarius miles is primarily used in historical and legal contexts to describe the role and responsibilities of money changers and bankers in ancient Rome. It serves as a reminder of the importance of financial institutions and regulations in maintaining a stable and trustworthy financial system.

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This glossary post was last updated: 29th March 2024.

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