What is the British pound (GBP)?

What Is the GBP? GBP is the abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories of South Georgia, the South Sandwich Islands, and British Antarctic Territory and the U.K. crown dependencies, the Isle of Man and the Channel Islands.

What is the slang term for a pound or a number of pounds?

The slang term for a pound or a number of pounds sterling is ' quid ' or ' nicker ' and there are other slang terms for various amounts of money. The slang money expression ' quid ' seems first to have appeared in late 1600's England, probably derived from the Latin ' quid pro quo ' - ' something exchanged for something else '.

Can a pound sign be used without an abbreviation?

Notable style guides recommend that the pound sign be used without any abbreviation or qualification to indicate sterling (e.g., £12,000). The ISO 4217 code "GBP" (e.g., GBP 12,000) may also be seen should disambiguation become necessary.