Usage: usually capitalized L
Etymology: so called from its wide circulation in the Levant
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a silver coin, either a Maria Theresa thaler or an imitation of one, formerly used for trade with Abyssinia, Eritrea, Aden, etc. Imitations bear the date 1780 regardless of the year of minting. Also called Levant thaler.
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Levant dollar,
an Austrian silver dollar used in trade, bearing the image of Maria Theresa, first issued in Austria and still made for circulation in the Near East.
Useful english dictionary. 2012.