sterling


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Sterling

A term for the British pound. While the official name of the currency is pound sterling, "sterling" tends to be used in accounting and foreign exchange contexts while "pound," and, less formally, "quid," are used in day-to-day transactions.

sterling

the name given to the UK POUND when used in international dealings, primarily to distinguish it from other countries also using the pound as a domestic currency. Formerly, large amounts of sterling were held by members of the British Commonwealth (the so-called ‘sterling area bloc’) and others, as part of their INTERNATIONAL RESERVES.

sterling

the name given to the UK POUND in international dealings to distinguish it from other countries using the pound as the basis of their currencies. Formerly, most countries extensively involved in international trade kept large sterling balances as part of their stock of INTERNATIONAL RESERVES, but nowadays sterling is little used as a reserve asset except by a number of current and former member countries of the British Commonwealth.
References in periodicals archive ?
Seiler said, "I'm proud to have an integral role with Sterling American.
That proclamation in itself might sound old-fashioned--not entirely out of place in a Greenpeace pamphlet--but Sterling went on to classify his new cause as an art and design movement.
Fortunately for American literature, Sterling Allen Brown, at Howard, built a Southern Road (1932) in American poetry, drove with Arthur P.
The next morning when Sterling entered the classroom, the students rose silently and walked out.
In court papers, which include copies of her daily planner, Jaksy contends that Sterling kissed her, hugged her and repeatedly asked her to have sex with him and his friends in exchange for an extra $300 to $400 a week.
At any moment, a man can be a `killer' or a `hero,' '' wrote Sterling, who is president and founder of the Sterling Institute and ICSD.
For its fiscal year ended September 30, 1993, Sterling Software reported revenue of $411.
Sargento selected Sterling Transportation Management for its on-demand architecture and rich application functionality, including settlement process automation and improved reporting, that have allowed the company to fully automate its transportation management process.
Alongside our new UNIX-based platform, Sterling Multi-Enterprise Finance Gateway has enabled us to transform our business, streamlining and automating our payments processing.
And the only place left for differentiation is in how well you collaborate with your business community to deliver value to the customer," said Eric Meerschaert, vice president of Global Marketing for Sterling Commerce.
Sterling Winthrop acquired the exclusive rights to the BAYER(R) trademark and trade name in the United States in 1918, when the Alien Property Custodian seized the United States assets of Bayer AG's predecessor during World War I and sold them to Sterling Winthrop at auction.
X1 Logistics wanted a best-in-class technology provider to support our mission, and we found that in Sterling Commerce.