Lombard Street
- proper noun
- Lombard Street in London is famous for its historic banks and financial institutions.
Examples
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Many tourists visit Lombard Street to learn about its history as the heart of London's banking industry.
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On Lombard Street, you can see some of the oldest banks in London still in operation.
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Follow I-83 south to Lombard Street.
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A new analysis by the totally excellent economist Charles Dumas of Lombard Street Research has just dropped into my inbox.
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Continue on Lombard Street and make a left onto Hopkins Place. Proceed on Hopkins Place (Hopkins Place will convert into Sharp Street) and make a left onto Pratt Street.
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Synonyms
The banks and companies that do the financial business in London
A small historic area in central London that is the main financial district with its own local government and police
Surface Forms
Morphology
The component 'Lombard' historically refers to Lombards and medieval moneylenders, so combining it with 'street' yields a street associated with Lombards/banking and thus suggests a financial connection. However, the specific cultural knowledge that Lombard Street is the centre of London's banking industry is encyclopaedic and tied to a proper-name; a B1 learner who only knows the constituent words would not reliably infer that precise institutional meaning.
Etymology
Lombard Street was named after the Lombard traders from northern Italy who set up money shops and early banks there. Because so many bankers worked on that Street, the name came to mean 'the centre of banking' in London.