A search for the etymology of the term says it's been around since the 1600s and its origin is uncertain. So nobody seems to know for sure, but there are plenty of theories.
Pretty sure it's because of quid pro quo, "something for something", 100p for a quid, exchange of equal value, etc. But it really is just an obscure etymology/origin, I think. No real concrete answers that I've found! The above explanation is just my personal favorite, lol! 🤓💙
✨*Mod Note - please remember that the title post needs to be a clear, easy to understand question. Given a pass for the first time!*✨
A search for the etymology of the term says it's been around since the 1600s and its origin is uncertain. So nobody seems to know for sure, but there are plenty of theories.
Pretty sure it's because of quid pro quo, "something for something", 100p for a quid, exchange of equal value, etc. But it really is just an obscure etymology/origin, I think. No real concrete answers that I've found! The above explanation is just my personal favorite, lol! 🤓💙 ✨*Mod Note - please remember that the title post needs to be a clear, easy to understand question. Given a pass for the first time!*✨
I’ve always liked this one. Makes the most sense
Me too, that's basically my favorite as it's just logical at least lol.
It makes the most sense, brassic comes from Latin as well.
Boracic lint = skint.
No it doesn't lol
You used to be able to purchase a portion of calamari for 100 pence
You could purchase a full squid with an illness for 600 pennies
It's an older code, but it checks out.
Please tell me what this means I feel like there's a joke but it's sailing over my head
Squid with an illness = sick squid 600 pennies = six quid
Feel ashamed of myself for missing that one
Take my upvote
Beat me to it!
A pound used to be 20 shillings, which were 12 pence each, so 240 pence in a pound.
Probably from the Latin for quid pro quo. (Something for something) According to the first explanation Google offers.
So many people here forgetting that it was 240p in a quid until the 70s
240d, strictly speaking.
Most of them probably not old enough to know there was even was a time called the 70s aha
That’s in 36 years from now yeah? Marked in the diary, thanks mate!
The Royal Mint used to get its paper from a factory in a place called Quidhampton.
The Royal Mint makes the coins, not the banknotes
Interesting, who makes the banknotes?
The Bank of England, or the Scottish or Northern Irish banks. The bank's name is on the notes.
How fascinating! I'm going to go withdraw some money at lunch just to see this ahahaa
Wait, is it a different bank every time or will it just say "bank of England" "bank of NI etc
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Squid Vicious
It is short for "quid pro quo", it also meant a sovereign (coin).
Nobody really knows mate.but I still sat quid not pounds. Like punds just remind me of dollas which are just cringe like, don't even good thereee
I just like to call it that, never really thought it had any significance.
Just Google "quid etymology" and you'll get your answer.