Shilling

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Related to take the King's shilling: taking the Queen's shilling

Shilling

1. In the United Kingdom, an informal term for a five pence coin. The term dates back to before decimalization, when a shilling was worth 1/20 of a pound. The term also persists with the same meaning for 1/20 of an Australian dollar.

2. The name of the currency in several Commonwealth countries.
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