Meaning of FALAM - பாலம்

FALAM - பாலம்

Language - Arabic/Tamil

Tamil Word - பாலம்

A small silver coin formerly used in Madras, equivalent to one rupee. Example: Historical land records might mention property transactions or tax payments in 'falams,' reflecting the currency system prevalent in Madras during that period. The 'falam' was a small silver coin used in Madras (present-day Chennai) during the colonial era. It was equivalent in value to one rupee and was widely used for daily transactions and official purposes. The term 'falam' is derived from the Arabic word 'fals,' meaning a small coin. Understanding historical currency units like the 'falam' is crucial for interpreting financial transactions and economic activities mentioned in old land documents and records from Tamil Nadu.