sterling area

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Definitions from WordNet

Noun sterling area has 1 sense

sterling area, sterling bloc, scheduled territories - the group of countries whose currencies are tied to the British pound sterling
--₁ is a kind of bloc, axis

Definitions from the Web

Sterling Area

A sterling area refers to a group of countries or territories that use the British pound sterling as their official or primary currency.

Examples:

The countries within the sterling area benefit from stable exchange rates and trade advantages.
As the United Kingdom's former colonies, several Caribbean nations formed a sterling area.
The decision to join the sterling area was a strategic move for the small island nation's economy.

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