Meaning

originFrom Middle English orte, from Old English *oreta (“that which is left after eating”, literally “out-eat”); for more, see Old English or-, English eat. Cognate with Middle Low German orte (“refuse of food”), Middle Dutch ooraete, ooreete, Low German ort (“ort”), Middle High German urez, German Uräß and also German Ort (“quarter (of a thaler, etc)”). As the term for a coin, probably borrowed from…

Etymology from Wiktionary, CC BY-SA 3.0