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pound sterling

pound sterling

noun

  1. the official name for the standard monetary unit of the United Kingdom See pound 3
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Word History and Origins

Origin of pound sterling1

First recorded in 1625–35
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Example Sentences

They also found two bags filled with pound sterling bank notes.

From BBC

Most Sub-Saharan African currencies are getting weaker against other global trading currencies like the pound sterling and the US dollar, resulting in the loss of value and purchasing power of these local currencies on the continent.

From BBC

Long-term Treasury yields, traditionally subdued in Asian hours, spiked to a fresh 16-year peak , keeping the dollar close to multi-month tops to G-3 rivals the euro, pound sterling and yen.

From Reuters

The U.S. dollar has been dominant since the early 20th Century when it overtook the pound sterling as the global reserve currency, though JPMorgan said this month that signs of de-dollarisation are unfolding in the global economy.

From Reuters

But the fact is, like the 19th-century system in which the British pound sterling was pegged at a fixed rate to gold, such arrangements only work until they cease to work.

From Salon

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