"in Spain are also terms applied to the euro. In India slang names for coins are more common than the currency notes. For 5 paisa (100 paisa is equal to 1 Indian rupee) it is 'panji'. A 10 paisa coin is called 'dassi' and for 20 paisa it is 'bissi'. A 25 paisa coin is called 'chavanni' (equal to 4 annas) and 50 paisa is 'athanni' (8 annas). However, in recent years, due to inflation, the use of these small value coins has declined, and so has the use of these slang terms. The more prevalent terms now (particularly in"
"For instance, London slang about money is believed to have been imported from India by returning servicemen during the nineteenth century. The terms """", meaning £500, and """", meaning £25, are believed by some to have come from old Indian rupee banknotes, which it is asserted used to feature images of those animals. Banknotes with such denominations were issued by Bank of Bengal, Bank of Bombay and Bank of Madras and some other private banks between 1810 and 1860. It is more likely that the term Pony originates from the Latin ""Legem Pone"" from Psalm 119 which was always sung"
"in 2016), and ""bullseye"" for £50 (from the points value of the bullseye on a darts board) . £5 is called a ""fiver"". A ""tenner"" is £10. A ""Darwin"" also refers to a £10 note, due to the image of Charles Darwin on the back. £20 is commonly referred to as a “score”. A ""pony"" equals £25. A ""bullseye"" is £50. £100 is commonly referred to as a ""ton"" e.g. £400 would be called 4 ton. Also, a ""century"" or a ""bill"" are also used as £100 (e.g. £300 would be three bills). A ""monkey"" is £500. £1,000 is commonly"
"""Lady Godiva"" for a fiver (£5), or a ""Jacks"" - Jackson Five (extremely rare) and ""diver"" for pearl diver (common Glasgow usage). A ""Cockle"" is £10 - Cock and Hen — ten (also ""Ayrton"", from Ayrton Senna/Tenner). A ""Bobby"" is £20 - Bobby Moore (score). In London financial culture, a billion pounds or, more often, US dollars, is referred to as a 'yard'. This derives from the old British English word for a thousand million, a milliard, which has now been replaced by the 'short scale' name 'billion' from US English. The term 'million' for a million pounds or dollars"
"usually be said ""one-and-six"". ""Quid"" remains as popular slang for one or more pounds to this day in Britain in the form ""a quid"" and then ""two quid"", and so on. Similarly, in some parts of the country, ""bob"" continued to represent one-twentieth of a pound, that is five new pence, and ""two bob"" is 10p. The introduction of decimal currency caused a new casual usage to emerge, where any value in pence is spoken using the suffix ""pee"": e.g. ""twenty-three pee"" or, in the early years, ""two-and-a-half pee"" rather than the previous ""tuppence-ha'penny"". Amounts over a pound are normally"
"Penny (British pre-decimal coin) The pre-decimal penny (1d) was a coin worth of a pound sterling. Its symbol was d, from the Roman denarius. It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling. The penny was originally minted in silver, but from the late 18th century it was minted in copper, and then after 1860 in bronze. The plural of ""penny"" is ""pence"" when referring to a quantity of money and ""pennies"" when referring to a number of coins. Thus 8d is eight pence, but ""eight"
"Penny (British decimal coin) The British decimal one penny (1p) coin, usually simply known as a penny, is a unit of currency equaling one one-hundredth of a pound sterling. The penny’s symbol is p. Its obverse has featured the profile of Queen Elizabeth II since the coin’s introduction on 15 February 1971, the day British currency was decimalised. Four different portraits of the Queen have been used on the coin, with the latest design by Jody Clark being introduced in 2015. The second and current reverse, featuring a segment of the Royal Shield, was introduced in 2008. The correct plural"
"""threepenny bit"" (, or ); a sixpence was a ""tanner"", the two-shilling coin or florin was a ""two-bob bit"", the two shillings and sixpence coin or half-crown was a ""half dollar"" and the crown was a ""dollar"". Slang terms are not generally used for the decimal coins that replaced them but in some parts of the country, ""bob"" continues to represent one-twentieth of a pound, that is five new pence, and two bob is 10p. For all denominations ""p"" is used for pence. In the United Kingdom the term ""shrapnel"" may be used for an inconvenient pocketful of loose change"
"pennies"" means specifically eight individual penny coins. Before Decimal Day in 1971 twelve pence made a shilling, and twenty shillings made a pound, hence 240 pence in one pound. Values less than a pound were usually written in terms of shillings and pence, e.g. 42 pence would be three shillings and sixpence (3/6), pronounced ""three and six"". Values of less than a shilling were simply written in terms of pence, e.g. eight pence would be 8d. This version of the penny was made obsolete in 1971 by decimalisation, and was replaced by the decimal penny, worth 2.4 old pence. The"
"pronounce the new coins as ""pee"". Shortenings such as ""tuppence"" are now rarely heard, and terms such as ""tanner"" (the silver sixpence), which previously designated amounts of money, are no longer used. However, some slang terms, such as ""quid"" and ""bob"", survived from pre-decimal times. Amounts denominated in guineas (21s or £1.05) are reserved for specialist transactions, such as the sale of horses and some auctions. The public information campaign over the preceding two years helped, as did the trick of getting a rough conversion of new pence into old shillings and pence by simply doubling the number of new"
"slang for one, sun and son. 'Penny bun' is also the common English name for the cep (French), or ""Boletus edulis"", an edible basidiomycete mushroom. Native to Europe and North America, it is Europe's second most sought-after fungus after truffles. 'Cockle to a penny bun' is British slang for racing odds of 10 to 1. Penny bun A penny bun or a penny loaf was a small bread bun or loaf which cost one old penny at the time when there were 240 pence to the pound. A penny loaf was a common size loaf of bread in England regulated"
"Pound Sterling coins. The motto is around a crowned thistle followed by the date. This coin was valued at six pence Scots or half an English penny. It was metaphorically used for a fortune by Sir Alexander Boswell, the son of the more famous James Boswell, the biographer of Dr. Johnson. It occurs in the song of ""Jennie’s Bawbee"" Sir Alexander took the hint of his song from a much older one: ""Brewer's"" lists ""Jenny's Bawbee"" as meaning a ""marriage portion"". The term ""bawbee"" continued to mean a halfpenny when England and Scotland shared a common coinage after 1707, as"
"""bar"", ""coin"", ""folding stuff"", ""honk"", ""lolly"", ""lucre""/""filthy ""Lucre"", ""moola/moolah"", ""paper"", ""scratch"", ""readies"", ""spondulicks/spondoolic(k)s/spondulix/spondoolies"", and ""wonga"". ""Quid"" (singular and plural) is used for pound sterling or £, in British slang. It is thought to derive from the Latin phrase ""quid pro quo"". A pound (£1) may also be referred to as a ""nicker"" or ""nugget"" (rarer). Some other pre-decimalisation United Kingdom coins or denominations became commonly known by colloquial and slang terms, perhaps the most well known being ""bob"" for a shilling. A farthing was a ""mag"", a silver threepence was a ""joey"", and the later nickel-brass threepence was called a"
"Penney Penney (also spelled Penny) is a common surname of British origin. The name Penney dates from the ancient Anglo-Saxon culture of Britain. It was derived from the Old English ""Penig,"" denoting a coin (cognate with German ""Pfennig""). The penny was the only unit of coinage in England until the early 14th century, and as such was a coin of considerable value. The name was first found in Northampton where they held a family seat from very early times; before the 12th century had become associated with London; later moved north into Scotland and west into Ireland settling mostly in"
"Penny (English coin) The English penny (plural ""pence""), originally a coin of pure silver, was introduced around the year 785 by King Offa of Mercia. These coins were similar in size and weight to the continental ""deniers"" of the period and to the Anglo-Saxon sceats which had preceded it. Throughout the period of the Kingdom of England, from its beginnings in the 9th century, the penny was produced in silver. Pennies of the same nominal value, one 240th of a pound sterling, were in circulation continuously until the creation of the Kingdom of Great Britain in 1707. The name ""penny"""
"held as reserves. Pound sterling The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 ""pence"" (singular: ""penny"", abbreviated: ""p""). A number of nations that do not use sterling also have currencies called the ""pound"". Sterling is the third most-traded currency in the foreign exchange market, after the United States dollar, and the euro. Together with"
"Pound sterling The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 ""pence"" (singular: ""penny"", abbreviated: ""p""). A number of nations that do not use sterling also have currencies called the ""pound"". Sterling is the third most-traded currency in the foreign exchange market, after the United States dollar, and the euro. Together with those three currencies"
"Fourpence (British coin) The pre-decimal fourpence (4d), sometimes known as a groat (from Dutch ""grootpennig"" = ""big penny"") or fourpenny bit, was a coin worth one sixtieth of a pound sterling, or four pence. The coin was also known as a joey after the MP Joseph Hume, who spoke in favour of its introduction. It was a revival of the pre-Union coin. Before Decimal Day in 1971 there were two hundred and forty pence in one pound sterling. Twelve pence made a shilling, and twenty shillings made a pound. Values less than a pound were usually written in terms of"
"""Scots halfpennyworth"" implying ""Scottish fool"". At the time of the political union of Scotland and England in 1707, the Pound Scots was worth 1/12 of the Pound Sterling, thus a ""Scots halfpennyworth"" implies worthlessness. The word ""sawney"" survives in the current Official Scrabble Players Dictionary (OSPD), which validates the word in Scrabble tournament play, and is defined as ""a foolish person"". The main text of this article is derived from - With additions from - Sawney Sawney (sometimes Sandie/y, or Sanders, or Sannock) was an English nickname for a Scotsman, now obsolete, and playing much the same linguistic role that"
"counted as 5p (five new pence) instead of 12d (twelve old pennies). The pre-decimalisation sixpence, also known as a sixpenny bit or sixpenny piece, was equivalent to p, but was demonetised in 1980. Some pre-decimalisation coins or denominations became commonly known by colloquial and slang terms, perhaps the most well known being ""bob"" for a shilling, and ""quid"" for a pound. A farthing was a ""mag"", a silver threepence was a ""joey"" and the later nickel-brass threepence was called a ""threepenny bit"" ( or bit, i.e. thrup'ny or threp'ny bit – the apostrophe was pronounced on a scale from full"
"coin. These varied between denominations and issues; some were personal to the monarch, others were more general. Some of the mottos were: Coins of the pound sterling The standard circulating coinage of the United Kingdom is denominated in pounds sterling (symbol ""£""), and, since the introduction of the two-pound coin in 1994 (to celebrate the 300th anniversary of the Bank of England 1694–1994), ranges in value from one penny to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 (new) pence. From the 16th century until decimalisation, the pound was divided into 20 shillings,"
"of the Golden Hind appeared. Like all British coinage, it bore the portrait of the monarch on the obverse. ""Halfpenny"" was colloquially written ""ha’penny"", and ""d"" was spoken as ""a penny ha’penny"" or ""three ha'pence"" . Before Decimal Day in 1971 there were 240 pence in one pound sterling. Twelve pence made a shilling, and twenty shillings made a pound. Values less than a pound were usually written in terms of shillings and pence, e.g. 42 pence would be three shillings and six pence (3/6), pronounced ""three and six"", whereas 3 shillings even would be ""3s"" or, on a sign"
"coins (with a value of five shillings) were latterly issued only as commemorative pieces. A two-shilling piece known as a florin (an early attempt at decimalisation, being , and equal to 10 new pence after decimalisation) was in everyday use; it was referred to as ""two bob"", a ""two-shilling bit"", or a ""two-bob-bit"". The currency of Lancre, a kingdom in the fictional world of Discworld, is a parody of the £sd system. The currency of knuts, sickles and galleons in the Harry Potter books is also a parody of the £sd system, with 29 knuts to a sickle and 17"
"as gift products such as gold coins set into jewellery. Before decimalisation in 1971, the pound was divided into 240 pence rather than 100, though it was rarely expressed in this way. Rather it was expressed in terms of pounds, shillings and pence, where: Thus: £1 = 240 pence. The penny was further subdivided at various times, though these divisions vanished as inflation made them irrelevant: Using the example of five shillings and sixpence, the standard ways of writing shillings and pence were: The sum of 5/6 would be spoken as ""five shillings and sixpence"" or ""five and six"". The"
"Sixpence (British coin) The sixpence (6d; ), sometimes known as a tanner or sixpenny bit, is a coin that was worth one-fortieth of a pound sterling, or six pence. It was first minted in the reign of Edward VI and circulated until 1980. Following decimalisation in 1971 it had a value of new pence. The coin was made from silver from its introduction in 1551 to 1947, and thereafter in cupronickel. Prior to Decimal Day in 1971 there were 240 pence in one pound sterling. Twelve pence made a shilling, and twenty shillings made a pound. Values less than a"
"goods and services that, in a particular year, could be purchased with £1. The table shows that from 1971 to 2015 the British pound lost about 92% of its buying power. The smallest coin in 1971 was the p, worth about 6.4p in 2015 prices. The pound is freely bought and sold on the foreign exchange markets around the world, and its value relative to other currencies therefore fluctuates. , £1 was worth US$1.289, €1.0808, ¥141, CHF 1.22329, A$1.6247, C$1.6083 or INR 82.50. Sterling is used as a reserve currency around the world and is currently ranked fourth in value"
"it bore the portrait of the monarch on the obverse. Before Decimal Day in 1971, there were 240 pence in one pound sterling. There were four farthings in a penny, 12 pence made a shilling, and 20 shillings made a pound. Values less than a pound were usually written in terms of shillings and pence, e.g., three shillings and six pence (3/6), pronounced ""three and six"" or ""three and sixpence"". Values of less than a shilling were simply written in pence, e.g., 8d, pronounced ""eightpence"". A price with a farthing in it would be written like this: (19/), pronounced ""nineteen"
"redesign was commissioned by the Royal Mint in 2005, and new designs were gradually introduced into the circulating British coinage from summer 2008. The pre-2008 coins will remain legal tender and are expected to stay in circulation for the foreseeable future (except for the £1 coin). Estimated as at March 2016 Stated as largest value Since decimalisation on 15 February 1971 the pound (symbol ""£"") has been divided into 100 pence. (Prior to decimalisation the pound was divided into 20 shillings, each of 12 (old) pence; thus, there were 240 (old) pence to the pound. The value of the pound"
"Halfpenny (British pre-decimal coin) The British pre-decimal halfpenny (d) coin, usually simply known as a halfpenny (pronounced ), historically occasionally also as the obol, was a unit of currency that equalled half of a penny or of a pound sterling. Originally the halfpenny was minted in copper, but after 1860 it was minted in bronze. It ceased to be legal tender in 1969, in the run-up to decimalisation. The halfpenny featured two different designs on its reverse during its years in circulation. From 1672 until 1936 the image of Britannia appeared on the reverse, and from 1937 onwards the image"
"Two pence (British decimal coin) The British decimal two pence (2p) coin – often informally pronounced ""two pee"" – is a unit of currency equalling 2/100ths of a pound sterling. Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction on 15 February 1971, the year British currency was decimalised. Four different portraits of the Queen have been used on the coin, with the latest design by Jody Clark being introduced in 2015. The second and current reverse, featuring a segment of the Royal Shield, was introduced in 2008. One penny and two pence coins are"
"English word ""pound"" first referred to a unit of mass or weight; the ""monetary"" pound originated as a pound (by weight) of silver. The currency's symbol is £, a stylised representation of the letter L, standing for ""libra"" (Latin: ""pound""). Historically, £1 worth of silver coins were a troy pound in weight; in August 2016 this amount of silver was worth approximately £170 sterling. Today, the term may refer to the English name of a number of (primarily British and related) currencies and a variety of obsolete currencies. Some of them, those official in former Italian states and in countries"
"made legal tender in the United Kingdom from 13 June 1842. There was much cynicism of the need for such a coin in Britain, with letters written to ""The Times"", but the coin did indeed circulate widely in Britain and Ceylon. The purchasing value of a penny in 1844, at 2013 purchasing power, is (at its lowest) 35p (GB pound sterling). A half-farthing, therefore (one eighth of a penny) would have had a value today (2013) of 4.375p (GB Sterling pence). Yet, as of 2014, the UK still has widely circulating coins of just 1p and 2p. The half-farthing therefore"
"sterling, GBX (sometimes GBp), when listing stock prices. A common slang term for the pound sterling or pound is ""quid"", which is singular and plural, except in the common phrase ""Quids in!"". The term may have come via Italian immigrants from ""scudo"", the name for a number of coins used in Italy until the 19th century; or from Latin 'quid' via the common phrase ""quid pro quo"", literally, ""what for what"", or, figuratively, ""An equal exchange or substitution"". Since decimalisation in 1971 (see Decimal Day), the pound has been divided into 100 pence (until 1981 described on the coinage as"