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 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 …

Get the latest 1 US Dollar to British Pound rate for FREE with the original Universal Currency Converter. Set rate alerts for USD to GBP and learn more about US Dollars and British Pounds from XE - the …

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.

Nov 17, 2025 · The pound sign (£) represents the currency, often called “sterling” or “quid,” and it holds a longstanding place in global finance as the oldest currency in use.

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.

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