system of reckoning

We have sixty divisions on the dials of our watches simply because the Greek astronomer Hipparchus, who lived in the second century B.C., accepted the Babylonian system of reckoning time, that system being sexagesimal.

When we turn to the social divisions we find in Domesday and other documents classes of society in these districts bearing purely Norse names, dreng, karl, karlman, bonde, thrall, lysing, hold; in the system of taxation we have an assessment by carucates and not by hides and virgates, and the duodecimal rather than the decimal system of reckoning.

Hamburg banco, the system of reckoning of the Hamburg Bank.

For a time the system of reckoning by the mark threatened to replace it, but in 1313 it was again authorised by Philippe le Bel.

Timaeus of Tauromenium was the author of a great work on Sicily, and introduced the system of reckoning by Olympiads.