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German mark
(redirected from West German mark)

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Noun1.German mark - formerly the basic unit of money in GermanyGerman mark - formerly the basic unit of money in Germany
German monetary unit - monetary unit in Germany
pfennig - 100 pfennigs formerly equaled 1 Deutsche Mark in Germany


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After the fall of the communist regime in 1989, they raided their moneyboxes for West German marks to go on a shopping spree for clothes and electronics unavailable in then-Czechoslovakia.
19), such as exchanging the East German mark one to one for the West German mark (which implied an appreciation of the East German mark by some 400 percent), thus triggering unrealistic expectations that fed into excessive wage demands.
Fourth, adopting the West German Mark in effect provided the former East Germany with a fully developed capital market, and thus a tremendous head start over other transitional nations.
 
 
 
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