A former unit of currency in East Germany worth 100 pfennigs.
The currency unit of the former German Democratic Republic (aka GDR, DDR, East Germany) until 1990, abbreviated DDM.
Other Word Forms
Origin of ostmark
German Osteast (from Middle High German ōst, ōsten) (from Old High German ōstanaus- in Indo-European roots) Markmark (from Middle High German marke, marcmark2)
American Heritage Dictionary of the English Language, 5th Edition
Ostmark Sentence Examples
There is no certain record that the site of Vindobona was occupied at the time of the formation of the Ostmark, though many considerations make it probable.
Legal tender were the "Ostmark" (originally introduced by the German Military Administration of the Army of Occupation, "Militdrisches Verwaltungsgebiet Ober-Ost"), which in Lithuania proper ranked pari passu with the German "Reichsmark," and other German fiduciary currency to a total not less than one milliard marks.
When the emperor Conrad, with the deliberate intention of subjugating Hungary, invaded it in 1030, Stephen not only drove him out, but captured Vienna (now mentioned for the first time) 'and compelled the emperor to cede a large portion of the Ostmark (1031).