Quid

A quid is a British slang term for a pound sterling. The term is thought to have originated in the 18th century, when the pound was divided into 240 pence. The word "quid" is derived from the Latin word "quid", meaning "what".

The term "quid" is often used in informal speech, and it can be used to refer to a pound sterling in any amount. For example, someone might say, "I need to buy a loaf of bread, so I'll give you a quid."

The term "quid" can also be used to refer to a specific amount of money. For example, someone might say, "I'm going to buy a new car, and I'm going to put down a quid."

The term "quid" is not used in formal writing, and it is considered to be slang. However, it is a common term in everyday speech, and it is understood by most people in the United Kingdom.

In addition to the British pound, the term "quid" can also be used to refer to other currencies. For example, in Australia, the term "quid" is sometimes used to refer to the Australian dollar.