Use of the letter L for pound derives from medieval Latin documents: "L" was the abbreviation for libra, the Roman pound (weight), which in time became an English unit of weight defined as the tower pound.

The pound sign, £, is used to represent the pound sterling, the official currency of the United Kingdom.

Dec 2, 2025 · The symbol £ was retained for the pound sterling, and the letter p was chosen for the new penny. This article was most recently revised and updated by Adam Augustyn.

2 days ago · The pound is the official currency of the United Kingdom of Great Britain and Northern Ireland. The pound sterling is the fourth most-traded currency in the foreign exchange market.

Jun 30, 2022 · “Quid” vs. “Pound”: What’s The Difference? June 30, 2022 Quid Vs. Pound Examples If you aren’t from the United Kingdom, you may be confused by the different words used to refer to …

The meaning of POUND is any of various units of mass and weight; specifically : a unit now in general use among English-speaking peoples equal to 16 avoirdupois ounces or 7000 grains or 0.4536 …

Nov 24, 2024 · The pound sterling (£) holds a prominent place in global finance as one of the world’s oldest currencies still in use. As the official currency of the United Kingdom and several British …

POUND definition: 1. the standard unit of money used in the UK and some other countries: 2. the value of the UK…. Learn more.

Nov 17, 2025 · Discover the history, importance, and trading aspects of GBP, the British pound sterling—symbolized by £ and commonly called sterling or quid.