# pound sterling

> English word · Noun · IPA /paʊnd ˈstɜː(ɹ).lɪŋ/

## Definitions
1. The currency of the United Kingdom.

## Etymology
The basic unit of currency in medieval England was the silver penny or sterling, weighing ¹⁄₂₄₀ of a tower 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 100 new pence.

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-09-03.
Canonical page: https://plainspell.com/en/word/pound-sterling
