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The pound sign () is the symbol for the pound unit of sterling – the currency of the United Kingdom and its associated Crown Dependencies and British Overseas Territories and previously of Great Britain and of the Kingdom of England. The same symbol is used for other currencies called pound, such as the Egyptian and Syrian pounds. The sign may be drawn with one or two bars depending on personal preference, but the Bank of England has used the one-bar style exclusively on banknotes since 1975. In the United States, "pound sign" refers to the symbol (number sign). In Canada, "pound sign" can mean or . Origin The symbol derives from the upper case Latin letter , representing ''libra pondo'', the basic unit of weight in the Roman Empire, which in turn is derived from the Latin word ''libra'', meaning scales or a balance. The pound became an English unit of weight and in England became defined as the tower pound (equivalent to 350 grams) of sterling silver. According to the ...
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Egyptian Pound
The Egyptian pound ( ; abbreviations: £, E£, £E, LE, or EGP in Latin alphabet, Latin, and in Arabic script, Arabic, ISO 4217, ISO code: EGP) is the official currency of Egypt. It is divided into 100 piastres, (or qirsh, ; ''plural'' ; abbreviation: PT, short for "piastre tarif")) and was historically divided into 1,000 milliemes (  ; , abbreviated to ''m'' or ''mill''). Since July 6, 2022, the 10- and 20-pound notes have been made out of polymer plastic paper. History At the beginning of the 19th century, Ottoman Egypt, Egypt and Ottoman Empire, Turkey shared a common currency, the Ottoman piastre, divided into 40 Para (currency), paras. However, under Muhammad Ali of Egypt, Muhammad Ali, Egypt started to issue its own coinage, and in 1834, , a decree was issued, adopting an exclusively Egyptian monetary system whereby Egypt went into a silver and gold bimetallic standard based on the Maria Theresa thaler rated at 20 piastres. The Maria Theresa thaler was a popular ...
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Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ...
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Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank. The bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. In 1998 it became an independent public organisation, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. In the 21st century the bank took on increased responsibility for maintaining and monitoring financial stability in the UK, and it increasingly functions as a statutory Financial regulation, regulator. The bank's headquarters have been in London's main financial di ...
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Syrian Pound
The Syrian pound or lira (; abbreviation: LS or SP in Latin alphabet, Latin, ل.س in Arabic script, Arabic, historically also Pound sign, £S, and £Syr; ISO 4217, ISO code: SYP) is the currency of Syria. It is issued by the Central Bank of Syria. The pound is nominally divided into 100 piastres ( ''qirsh,'' plural قروش ''qurūsh'' in Arabic language, Arabic, abbreviated to ), although piastre coins are no longer issued. Before 1947, the Arabic inscription of the word "qirsh" was spelled with the initial Arabic letter غ, after which the word began with ق. Until 1958, banknotes were issued with Arabic on the obverse and French on the reverse. Since 1958, English has been used on the reverses, hence the three different names for this currency. Coins used both Arabic and French until independence, then only Arabic. History French mandate During the period when Syria was a part of the Ottoman Empire, which lasted about 400 years, the Ottoman lira, Ottoman pound was i ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ...
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Pound (currency)
Pound is a name of various units of currency. It is used in some countries today and previously was used in many others. The English word "pound" derives from the Latin language, Latin expression , "a pound by weight", in which means 'scale' or 'balance' and means 'pound' or 'weight'. The currency's Pound sign, symbol is £, a stylised form of the blackletter 'L' (\mathfrak) (from ), crossed to indicate abbreviation. Pound sterling#History (600 to 1945), The term was adopted in England from the weight of silver used to make 240 pennies, and eventually spread to British colonies all over the world. Although silver penny mintage began seven centuries earlier, the first pound coin was minted under Henry VII of England, Henry VII in 1489. Countries and territories currently using currency units named "pound" Historical currencies * Australian pound (until 1966, replaced by the Australian dollar). The Australian pound was also used in the Gilbert and Ellice Islands, Nauru, New H ...
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Royal Mint Museum
The Royal Mint Museum is a numismatics museum located in Llantrisant, Wales, which houses coins, medals, artwork and minting equipment previous owned by the Royal Mint. Although the museum is located on the same site as the Royal Mint, the mint and the museum are separate companies. In partnership with the mint, a new £9 million visitor centre was built to allow members of the public to view part of the museum's collection. History Following the privatisation of the Royal Mint in 2009, whereby it became a limited company, much of the mint's numismatic collection was separated into a separate entity now called the Royal Mint Museum. In November 2010 the museum gained charitable status. Collection *Battle of Waterloo Medal Roll *Unreleased Edward VIII pattern coins *A pre-decimal 1933 penny *Maria Theresa thaler *Elizabeth I gold sovereign ''Sovereign'' is a title that can be applied to the highest leader in various categories. The word is borrowed from Old French , which i ...
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Pound (weight)
The pound or pound-mass is a unit of mass used in both the British imperial and United States customary systems of measurement. Various definitions have been used; the most common today is the international avoirdupois pound, which is legally defined as exactly , and which is divided into 16 avoirdupois ounces. The international standard symbol for the avoirdupois pound is lb; an alternative symbol (when there might otherwise be a risk of confusion with the pound-force) is lbm (for most pound definitions), # ( chiefly in the U.S.), and or ̶ (specifically for the apothecaries' pound). The unit is descended from the Roman (hence the symbol ''lb'', descended from the scribal abbreviation, '). The English word ''pound'' comes from the Roman ('the weight measured in '), and is cognate with, among others, German , Dutch , and Swedish . These units are now designated as historical and are no longer in common usage, being replaced by the metric system. Usage of the unq ...
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Sterling Silver
Sterling silver is an alloy composed mass fraction (chemistry), by weight of 92.5% silver and 7.5% other metals, usually copper. The sterling silver silver standards, standard has a minimum millesimal fineness of 925. ''Fineness, Fine silver'', which is 99.9% pure silver, is relatively soft, so silver is usually alloyed with copper to increase its hardness and strength. Sterling silver is prone to Tarnish, tarnishing, and elements other than copper can be used in alloys to reduce tarnishing, as well as casting porosity and firescale. Such elements include germanium, zinc, platinum, silicon, and boron. Recent examples of these alloys include Argentium sterling silver, ''argentium'', ''sterlium'' and ''silvadium''. Etymology The term ''sterling silver'' originally meant "silver fit to be used in the making of sterlings", ''sterling'' being another name for the English Penny (English coin), silver penny. The etymology of ''sterling'' itself is Pound_sterling#Etymology, unclear and ...
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Bank Of England Museum
The Bank of England Museum, located within the Bank of England in the City of London, is home to a collection of diverse items relating to the history of the Bank and the UK economy from the Bank's foundation in 1694 to the present day. The museum is open to the public, free of charge. History Initially, access to the Bank's collection was by appointment only, with visitors escorted through the Bank to a small display area. In the 1980s, the Bank decided to make its collection (and the Bank of England as a whole) accessible to a wider audience. At the time it was confined to the Bank's Rotunda, but the plan was to extend it to include Sir Herbert Baker's 'Soane Hall', with a separate entrance being created in Bartholomew Lane. With this in mind a new museum was planned, which was due to open in 1994, the year of the Bank's tercentenary. However, a fire in 1986 caused severe damage to the area above the proposed site for the museum. It was decided to begin work on the museum the ...
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Scribal Abbreviations
Scribal abbreviations, or sigla (singular: siglum), are abbreviations used by ancient and medieval scribes writing in various languages, including Latin, Greek, Old English and Old Norse. In modern manuscript editing (substantive and mechanical) sigla are the symbols used to indicate the source manuscript (e.g. variations in text between different such manuscripts). History Abbreviated writing, using sigla, arose partly from the limitations of the workable nature of the materials (stone, metal, parchment, etc.) employed in record-making and partly from their availability. Thus, lapidaries, engravers, and copyists made the most of the available writing space. Scribal abbreviations were infrequent when writing materials were plentiful, but by the 3rd and 4th centuries AD, writing materials were scarce and costly. During the Roman Republic, several abbreviations, known as sigla (plural of ''siglum'' 'symbol or abbreviation'), were in common use in inscriptions, and they inc ...
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Latin
Latin ( or ) is a classical language belonging to the Italic languages, Italic branch of the Indo-European languages. Latin was originally spoken by the Latins (Italic tribe), Latins in Latium (now known as Lazio), the lower Tiber area around Rome, Italy. Through the expansion of the Roman Republic, it became the dominant language in the Italian Peninsula and subsequently throughout the Roman Empire. It has greatly influenced many languages, Latin influence in English, including English, having contributed List of Latin words with English derivatives, many words to the English lexicon, particularly after the Christianity in Anglo-Saxon England, Christianization of the Anglo-Saxons and the Norman Conquest. Latin Root (linguistics), roots appear frequently in the technical vocabulary used by fields such as theology, List of Latin and Greek words commonly used in systematic names, the sciences, List of medical roots, suffixes and prefixes, medicine, and List of Latin legal terms ...
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