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.

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 …

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.

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 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 …

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

1 day ago · Learn the value of 1 British Pound (GBP) in United States Dollars (USD) today. The dynamics of the exchange rate change for a week, for a month, for a year on the chart and in the tables.

Over time, the Pound became the official unit of currency for England, and later, the entire United Kingdom. Today, the Pound Sterling remains one of the oldest and most recognised currencies in …