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


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | 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