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british monetary unit

 

Definitions from WordNet

Noun british monetary unit has 1 sense
  1. British monetary unit - monetary unit in Great Britain
    --1 is a kind of
    monetary unit
    --1 has particulars:
     British pound, pound, pound sterling, quid; British shilling, shilling, bob

Definitions from the Web

British Monetary Unit

Description:

The British monetary unit refers to the currency used in the United Kingdom. It is the Pound Sterling (GBP), often simply referred to as "pound." The pound is divided into 100 pence. As one of the oldest and influential currencies, the British monetary unit plays a crucial role in the UK's economy and trade.

Senses and Usages:

1. Currency:

In its primary sense, the British monetary unit represents the official currency of the United Kingdom.

Example sentence:

He exchanged his dollars for British monetary units upon arrival in London.

2. Historical Context:

The term may also refer to the historical monetary units of the British Isles, such as the pre-decimalization pound, shilling, and pence.

Example sentence:

The book described the conversion from the old British monetary units to the decimal system.

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