The bourse at Bruges (Latin: bursa Brugensis,^[1] Dutch: Huis ter Beurze) is the first bourse in the world, established in Bruges (in today's Belgium) the 13th-century. ^[2]

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Bourse at Bruges

Huis ter Beurze
Type	Commodity exchange
Location	Bruges, Belgium
Coordinates	51°12′40.13″N 3°13′26.87″E
Founded	1285

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The exchange managers became famous for offering judicious financial advice to the traders and merchants who frequented the building. This service became known as the "Beurze Purse" which is the basis of bourse, meaning an organized place of exchange. Eventually, the building became solely a place for trading in commodities.

The coat of arms of the van der Beurze family depicts three purses (Flemish: buerzen, Greek: birsa, Latin: bursa) and thereby gave both the family its name and gave rise to the word 'bourse'^{[6][note 1]}

Wikimedia Commons has media related to Huis ter Beurze.

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