Rothschild Surname Origin
From a town in Denmark, which is said to take its name from a river with which it is watered that drives several mills. Roe, in the ancient Danish language, signifies a king, and kille, a stream of water or brook, i. e., the king's brook. Some have given the signification 'Red-shield' to the name, from Roth, red.
Source: An Etymological Dictionary of Family and Christian Names With an Essay on their Derivation and Import; Arthur, William, M.A.; New York, NY: Sheldon, Blake, Bleeker & CO., 1857.
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