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I'm assuming your question is about the British slang term for Pounds Sterling.

It's probably derived from the Latin phrase "quid pro quo" or "something for something." In legal terms, quid pro quo refers to the concept of consideration in contract law, where the contract is only deemed enforceable if something of value is being traded for something else of similar value. In this case, money (or pounds) are being traded for goods or services money is the "quid" and the goods or services are the "quo."

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16y ago

What else can I help you with?