answersLogoWhite

0


Best Answer

Quid is a slang term referring to the unit of currency, the Pound, used by many Commonwealth countries, but originating in Britain possibly 300 to 400 years ago.

One Quid, Five Quid, One Hundred Quid, One Million Quid, etc. Just replace Pound or Pounds with Quid.

The term may have originated with one of the following -

  • Quidhampton, the one time Royal Mint paper mill
  • the Latin phrase "Quid Pro Quo" meaning something given in exchange
  • and possibly the strangest, that it was an oblique reference to a particular variety of chewing tobacco.
User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why is the British Pound called a Quid?
Write your answer...
Submit
Still have questions?
magnify glass
imp