Ducat/ˈdʌkət/ Definition 1 of 2Pro Tip 1/3Historical Value Associated with significant historical events and periods like the Renaissance. This old painting might be worth thousands of ducats! Pro Tip 2/3Cultural Reference Often mentioned in old literature, theater, or films set in historical Europe. Shakespeare's characters often pay with ducats. Pro Tip 3/3Not Modern Currency Don't use it to refer to contemporary money; it's an outdated term. You won't find ducats in today's shops.