Investor Glossary-poundInvestor Glossary-poundInvestor Glossary-poundInvestor Glossary-poundInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Pound

The HTML to link to this page
 

The pound is a unit of currency. The pound, which finds its origin in England, historically referred to the worth of a quantity of silver weighing one pound. The pound, as used in the UK for currency, is formally called the pound sterling or also the British pound, but often simply referred to as the pound. GBP is the abbreviation of the pound sterling or British pound and its symbol is . Some British overseas territories and the UK crown dependencies also use the pound sterling (GBP). Other countries using the pound are Egypt (Egyptian pound), Lebanon (Lebanese pound), Sudan (Sudanese pound), and Syria (Syrian pound). Unlike some other European countries which have been using the euro since 2002, the UK is still using the pound sterling (GBP) which makes the pound the oldest active currency used in the world.



Rate this Pound definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: labor relations, balance sheet, VIX, implied volatility, current ratio, reverse mortgage, risk management, minority interest, option premium, inflation, EBITDA, average price per share, ex-dividend date, annual return, 144a, wholly-owned subsidiary, irrevocable trust, Key Rate Duration, APR, stock split, debt service coverage, deferred tax, 1031 exchange, LIBOR, real GDP, Zero Cost Collar, liquidity ratio, 1035 exchange, FTSE, phantom income, covered put, in escrow, stock market close, per diem, margin rate, open position, quality assurance, dividends payable, deferred revenue, required rate of return, FICO score, retained earnings, diluted share, 401a, class C shares, ex-dividend, command economy, limit order, cancelled check


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use