Yarmaqs were silver coins minted in the Khazar Khaganate and other Turkic polities in medieval Eurasia. Ar- or yar- evolved from the verb "to cut longitudinally, to split", Turkish verb is also co-originating with the Old Turkic word ır- or yır- which means the same. The name is similar to Mongolian language word "yaarmag" meaning "market," especially outdoor ones that sell wide variety of goods.