2007-07-24 08:38:28 · 6 answers · asked by Krandiss1989 1 in Education & Reference ➔ Words & Wordplay
No one has yet explained the SYMBOL.
Check the following, which puts it together.
"The currency sign is the pound sign, originally ₤ with two cross-bars, then later more commonly £ with a single cross-bar. The pound sign derives from the black-letter "L", from the abbreviation LSD – librae, solidi, denarii – used for the pounds, shillings and pence of the original duodecimal currency system. Libra was the basic Roman unit of weight, which in turn derived from the Latin word for scales or balance"
http://www.solarnavigator.net/venture_capital/the_pound_sterling.htm
(Compare all this with the abbreviation "lbs" for "pound"--from Latin libra -- the English system of measure.)
2007-07-25 05:49:12 · answer #1 · answered by bruhaha 7 · 0⤊ 0⤋
Pounds Sterling.
2007-07-24 15:54:33 · answer #2 · answered by irisheyes 6 · 0⤊ 0⤋
Pound.
2007-07-24 16:28:19 · answer #3 · answered by Anon 3 · 0⤊ 0⤋
It is a symbol for English money called a pound.
2007-07-24 15:42:34 · answer #4 · answered by guy 1 · 0⤊ 0⤋
it stands for the english currency 'pound'
2007-07-24 15:43:49 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Its the symbol for the pound-British currency
1 pound is equivalant to 2.05 american dollars
2007-07-24 15:48:44 · answer #6 · answered by KC 2 · 0⤊ 0⤋