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In British slang, a "bob" traditionally refers to a shilling, which was a unit of currency used in the UK before decimalization in 1971. One shilling was worth 12 pence, and two shillings were often referred to as a "two-bob bit." While no longer in official use, the term is sometimes still employed in a nostalgic context.

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What is a bob in money?

A "bob" is a British slang term that refers to one shilling, which is equivalent to 12 pence. The term is derived from the old British currency system that was used before decimalization in 1971. Although the shilling is no longer in circulation, "bob" is sometimes still used informally to refer to money in a nostalgic context.


What is the value of a bob used as slang for old British money?

A "bob" was a shilling. 12 pence to the shilling, 20 shillings to the pound pre-decimalisation'


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A "bob" is a colloquial term that historically referred to a shilling in British currency, particularly before decimalization in 1971. One bob was equivalent to 12 old pence. Although the term is largely outdated now, it is sometimes used in nostalgic contexts or to evoke a sense of traditional British currency.


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