There are a number of folk etymologies regarding the English language term 'piggy bank,' but in fact, there is no clear origin for the phrase.

The Javanese term cèlèngan (ꦕꦺꦭꦺꦁꦔꦤ꧀ literally 'likeness of a wild boar', but used to mean both 'savings' and 'piggy bank') is also in the modern Indonesian language.Ī large number of boar-shaped piggy banks were discovered at the large archaeological site surrounding Trowulan, a village in the Indonesian province of East Java and possible site of the capital of the Majapahit Empire.

The earliest known pig-shaped money containers date to the 12th century on the island of Java. (Collection of National Museum of Indonesia, Jakarta) Pig-shaped money box Majapahit terracotta piggy bank, 14th/15th century Trowulan, East Java. Money boxes of various forms were also excavated in Pompeii and Herculaneum, and appear quite frequently on late ancient provincial sites, particularly in Roman Britain and along the Rhine. The oldest Western find of a money box dates from 2nd century BC Greek colony Priene, Asia Minor, and features the shape of a miniature Greek temple with a slit in the pediment. Origins An ancient greek money box from Priene, 2nd century BC. Some piggy banks do not have an opening besides the slot for inserting coins, which will lead to smashing the piggy bank with a hammer or by other means, to obtain the money within. Some incorporate electronic systems which calculate the amount of money deposited. Many piggy banks have a rubber plug located on the underside others are made of vinyl and have a removable nose for easy coin access. They are generally painted and serve as a pedagogical device to teach the rudiments of thrift and saving to children money can be easily inserted. Piggy banks are usually made of ceramic or porcelain. The use of the name 'piggy bank' gave rise to its widely recognized ' pig' shape, and many financial service companies use piggy banks as logos for their savings products. These items are also often used by companies for promotional purposes.

The piggy bank is known to collectors as a 'still bank' as opposed to the ' mechanical banks' popular in the early 20th century. Piggy bank (sometimes penny bank or money box) is the traditional name of a coin container normally used by children. Earthen pots used in Nepal as piggy banks. For the finance programme on BBC Radio 4, see Money Box (radio).

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