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pound sterling

From Wiktionary, the free dictionary

English

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Alternative forms

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Etymology

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Display showing a pile of sterlings balanced against a pound weight

The basic unit of currency in medieval England was the silver penny orsterling, weighing1⁄240 of atower pound. 240 of these coins made a "pound of sterlings". This term (shortened to "pound sterling" in later usage) continued to be used for a sum of 240 pence even after the sterling had ceased to circulate. The modern pound sterling is equivalent to 100new pence.

Pronunciation

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Noun

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poundsterling (pluralpounds sterling)

  1. Thecurrency of theUnited Kingdom.
    • 1668 July 3rd,James Dalrymple, “Thomas Ruecontra Andrew Houſtoun” inThe Deciſions of the Lords of Council & Seſſion I (Edinburgh, 1683),page 547
      Andrew Houſtoun andAdam Muſhet, being Tackſmen of the Excize, did ImployThomas Rue to be their Collector, and gave him a Sallary of 30.poundSterling for a year.

Translations

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currency of the UK

Further reading

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