Hello, you have come here looking for the meaning of the word £. In DICTIOUS you will not only get to know all the dictionary meanings for the word £, but we will also tell you about its etymology, its characteristics and you will know how to say £ in singular and plural. Everything you need to know about the word £ you have here. The definition of the word £ will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of£, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
From the first letter of Latinlībra(“pound”). The symbol is derived from the mediaeval tradition of placing a stroke over a letter or letters of a word (in this case L) to indicate an abbreviation; when letters have ascenders like L, the stroke frequently passes through that ascender. £ is thus cognate with the pound sign#, which was similarly derived from lb with a stroke through the ascenders.
Flanders was able to flog his piece of land, for which he had originally paid £4,000, to one of the largest gold-mining corporations for something like a couple of million smackers.
Derived terms
The practice of placing a stroke through the initial of the name for a currency as a symbol for that currency has been extended to other currency symbols, including several shown below.