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TeachMeFinance.com - explain Cowry money historic definition... Cowry money -- (or cowry-shell money). The money-cowry or the cowry-shell that is used as money is a beautiful hemispherical shell scarcely an inch long, light straw color and white. Cowry shells abound on the Malabar coast and near the Maldive Islands. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.