Pound Sterling - Реферат

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History and basic stages in the development of sterling as the currency of Great Britain, one of the first national currencies in the world. Some uncertainty as to the origin of the term "pound sterling". Currency this value today and its prospects.


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Pound Sterling national value pound sterling The full, official name, pound sterling, is used mainly in formal contexts and also when it is necessary to distinguish the United Kingdom currency from other currencies with the same name. Otherwise the term pound is normally used. The currency name is sometimes abbreviated to just sterling, particularly in the wholesale financial markets, but not when referring to specific amounts; for example, «Payment is accepted in sterling» but never «These cost five sterling». The abbreviations «ster.» or «stg.» are sometimes used. The term British pound is commonly used in less formal contexts, although it is not an official name of the currency. A common slang term is quid, which is singular and plural, except in the common phrase «Quids in!» The etymology of the term is unknown, although it may derive from the Latin quid, possibly via the phrase quid pro quo, literally «something for something». There is some uncertainty as to the origin of the term «pound sterling». One
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