The term "Groschen" refers to a former currency unit used in several European countries, particularly in Germany and Austria. It originated in the Middle Ages and was typically worth a fraction of a thaler. The Groschen was commonly used in everyday transactions until it was replaced by the Euro in the early 2000s. In addition to its monetary value, the Groschen has cultural significance, often appearing in literature and folklore. The word itself is derived from the Middle High German term "gros," which means "large," reflecting its historical importance in trade and commerce during its time of use.