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The name of the city reflects its origin as a harbour and a place of commerce.The original designation, from which the contemporary Danish name derives, was Køpmannæhafn, meaning "merchants' harbour", often simply Hafn or Havn ("harbour").
Copenhagen is home to the University of Copenhagen, the Technical University of Denmark and Copenhagen Business School.
After suffering from the effects of plague and fire in the 18th century, the city underwent a period of redevelopment.
This included construction of the prestigious district of Frederiksstaden and founding of such cultural institutions as the Royal Theatre and the Royal Academy of Fine Arts.
The literal English translation would be "chapman's haven".
Although the earliest historical records of Copenhagen are from the end of the 12th century, recent archaeological finds in connection with work on the city's metropolitan rail system revealed the remains of a large merchant's mansion near today's Kongens Nytorv from c. Excavations in Pilestræde have also led to the discovery of a well from the late 12th century.