ostmark

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ost·mark

 (ôst′märk′, ŏst′-)
n.
A former unit of currency in East Germany worth 100 pfennigs.
[German : Ost, east (from Middle High German ōst, ōsten, from Old High German ōstan; see aus- in Indo-European roots) + Mark, mark (from Middle High German marke, marc; see mark2).]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Ostmark

(ˈɒstˌmɑːk; German ˈɔstmark)
n
(Currencies) (formerly) the standard monetary unit of East Germany, divided into 100 pfennigs
[German, literally: east mark]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

ost•mark

(ˈɔstˌmɑrk, ˈɒst-)

n.
the former basic monetary unit of East Germany: replaced by the West German mark in 1990.
[1945–50; < German: east mark]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
Translations

ostmark

[ˈɒstːmɑːk] N → marco m de la antigua RDA
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005
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References in periodicals archive ?
We went through Checkpoint Charlie: the mirrors under the bus; the security checks; the obligatory change of deutschmarks for ostmarks.
Two plus Four: a New Zealand perspective: Richard Grant provides first-hand observations of the German reunification process
"West German Deutschmarks had to be exchanged for East German Ostmarks.
Posters rejoice at fall of Communist symbol; Posters made to mark the 20th anniversary of the fall of the Berlin Wall in October get a preview showing at Newcastle City Library from today. David Whetstone takes a look
They'll be ordered to change their euros into old East German Ostmarks, show their passports to buy a sausage and be warned not to carry "decadent" western literature.
Herr's to the bad old days
East Germany knew that West Germany would exchange ostmarks for DMs not at their black market rate, but rather at a politically determined rate.
German monetary history in the second half of the twentieth century: from the deutsche mark to the Euro
The Bundesbank may not have been able to override Chancellor Helmut Kohl's desired exchange rate of ostmarks for deutsche marks, or his "solidarity" transfers, but the Bundesbank Direktorium was comfortable in making it clear that the Kohl government and not the Bundesbank Direktorium should be held accountable for the inflationary pressures; the Bundesbank Direktorium took accountability for limiting the second-round effects of these pressures.
German monetary targeting: a precursor to inflation targeting
German monetary and economic unification in mid-1990, in which residents of the former East Germany traded in their ostmarks for deutsche marks, led to an increase in the level of M3 on the order of 16 percent (the shift is apparent in table 3 but has been adjusted for in the figures shown in table 2).
German monetary targeting: a retrospective view
When unification took place, they were able to exchange their almost worthless Ostmarks for Deutchmarks on a one-for-one basis.
Casualties of the bloodless revolution

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