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Hello BobM, Quid is a slang term for the pound sterling, or the British pound, the currency of the United Kingdom. A quid is equivalent to 100 pence, and it is thought to come from the Latin phrase "quid pro quo" meaning "something for something," or an equal exchange for goods or services. However, the exact origin of the word as it pertains to the British currency is uncertain. Quid, as it describes 1 pound sterling, came into use sometime in the 1680s, but no one knows for sure why this word is synonymous with British currency. Italian immigrants may have started the word thanks to "scudo," the name for several coins used in Italy in the 1800s. Quidhampton, a village in Wiltshire, England, once housed a Royal Mint paper mill. Any paper money that came from this mill might have been called a quid. Although the origin of the word "quid" is shrouded in mystery, the pound sterling has a rich history of more than 12 centuries as the world's oldest currency still in use. |
List of Gurus
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Heng Kim 2019-09-24 03:46:59Hi PrettyWoman, The job market is the market in which employers search for
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Anton Luyten 2019-09-11 10:12:45Hello Fluffy, A harami cross is a Japanese candlestick pattern that consists
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Tom Burke 2019-08-31 08:08:12
Hello LuckyWoman, The yearly probability of living is determined by consulting
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Jun Wang 2016 - 04 - 11Hello Peter, A nominee is a person or firm into whose name securities or other
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Chaoxiang Lee 2019 - 05 - 08
Hello PrettyWoman, An out trade is a trade that cannot be placed because it
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Heng Kim 2015 - 04 - 02
Hello Maria, The Elliott Wave Theory is a method of analysis developed by
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Apinya Kamon 2018 - 05 - 28
Hello ForexGuy, Working capital, also known as net working capital, is the
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Heng Kim 2019 - 09 - 24
Hi PrettyWoman, The job market is the market in which employers search for
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Anton Luyten 2019 - 09 - 11
Hello Fluffy, A harami cross is a Japanese candlestick pattern that consists
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Chaoxiang Lee 2019 - 09 - 07
Hi Maria, A caplet is a kind of call option based on interest rates. The
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Apinya Kamon 2019 - 09 - 04
Hello ForexGuy, A false market occurs when prices are manipulated and impacted
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Tom Burke 2019 - 08 - 31
Hello LuckyWoman, The yearly probability of living is determined by consulting
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