British Pound

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British Pound

The currency of the United Kingdom. It is the third largest reserve currency in the world. It traces its origins to Anglo-Saxon times and is the oldest currency still in use. It is issued by the Bank of England and the Bank of Scotland. Like most currencies, it was pegged to the U.S. dollar under the Bretton Woods System, but is now a floating currency. The pound did not use a decimal system for its subdivisions until 1971. See also: Decimalisation, Quid.
References in periodicals archive ?
The initial purchase price for Pascall's capital stock will be 3,100,000 British pounds sterling (approximately $5,952,000 U.
Class A1a, A2a, and A3 will be denominated in British pounds sterling, class A1b and A2c in U.
dollars, British pounds sterling, Swiss francs, Danish kroner, Swedish kronor, and Norwegian kroner.
The notes are backed by a portfolio of European ABS, denominated in euros and British pounds sterling, to be managed by ZAIS Group Investment Advisors Ltd.
The site will offer the most popular poker games - Texas Hold'em, 7-Card Stud, Omaha High and Omaha High/Low and enables players to play in their preferred currency - US dollars, British pounds sterling or Euros.
William Hill's online poker room offers the most popular Texas Hold'em and 7-Card Stud games and enables players to play in their preferred currency - US dollars, British pounds sterling or euros.
dollars, euros, British pounds sterling, Swiss francs, Japanese yen, or other eligible currencies, placed in the U.
com's new online casino games will be initially Java-based for instant-play and in British Pounds Sterling, which will make it easy and convenient for its users.

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