Also 6 fanan, -on, 9 fanom. [Corruption of Malayālam and Tamil paṇam, f. Skr. paṇa wealth.] A small coin, formerly the usual money of account in South India.
No longer used in British India; in some native states gold and silver fanams are still current; in Travancore the former is worth 1/4 and the latter 1/7 of a rupee.
[1510. Varthema, Itin., in Ramusio, Navig. (1588), I. 159 b. Batte anchora moneta dargento chiamato fanon.]
1555. Eden, Decades (Arb.), 263. This Fanan, is also a kynde of money which is in value, one ryale of syluer.
1704. Collect. Voy. (Church.), III. 822/2. A Fanam is only 5d. tho they have Golden and Silver Fanams.
1792. Garrow, in Phil. Trans., LXXXVIII. 409. The stone is paid for at the Pollam, in the gold fanam.
1803. Wellington, in Gurw., Desp., I. 452. Their pay shall be a gold fanam for every day they do not work, and two gold fanams for every day they do.
1883. S. Mateer, Gospel in S. India, 148. A woman has given 100 fanams to provide two good globe lamps.