Etymology
Troy weight probably takes its name from the French market town of Troyes in France where English merchants traded at least as early as the early 9th century. The name "troy" is first attested in 1390, describing the weight of a platter, in an account of the travels in Europe of the Earl of Derby.
Charles Moore Watson (1844–1916) proposes an alternate etymology: The Assize of Weights and Measures (also known as Tractatus de Ponderibus et Mensuris), one of the statutes of uncertain date from the reign of either Henry III or Edward I, thus before 1307, specifies "troni ponderacionem"—which the Public Record Commissioners translates as "troy weight". The word "troni" refers to markets. Watson finds the dialect word "troi", meaning a balance in Wright's Dialect Dictionary. Troy weight referred to the tower system, the earliest reference to the modern troy weights is in 1414.
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