Difference Wiki

Pound vs. Quid: What's the Difference?

Edited by Huma Saeed || By Sumera Saeed || Updated on October 4, 2023
"Pound" is the official currency of the UK, represented as "£". "Quid" is informal slang for the same currency.

Key Differences

"Pound" refers to the official unit of currency used in the United Kingdom, known by its symbol "£". In historical context, the term "pound" is derived from the Latin word "libra", which referred to a measure of weight. On the other hand, "quid" is a colloquial term that Britons frequently use to mean the same thing as "pound". It's essentially the British equivalent of Americans calling a dollar a "buck".
Sumera Saeed
Oct 04, 2023
"Pound" is often used in more formal contexts, such as in financial reporting, banking, or international trade. For instance, a bank might report its assets in "pounds" or a store might display the price of an item in "pounds". "Quid", however, is a term you'd more commonly hear in everyday conversation. If someone is discussing how much they spent on a meal or asking how much something costs, they might use the term "quid".
Sumera Saeed
Oct 04, 2023
Both "pound" and "quid" can be used to refer to singular or multiple units of the currency. For example, you can have one pound or ten pounds, just as you can have one quid or ten quid. However, in formal writing or when discussing specific amounts, "pound" is usually the term of choice. "Quid" often finds its place in informal discussions or casual chats.
Sumera Saeed
Oct 04, 2023
Another distinction between "pound" and "quid" lies in their origins. As mentioned, "pound" has Latin roots. "Quid", however, has an uncertain origin. Some believe it might be derived from the Latin phrase "quid pro quo", meaning "something for something", but this is largely speculative.
Sumera Saeed
Oct 04, 2023

Comparison Chart

Formality

Formal and official.
Informal slang.
Sumera Saeed
Oct 04, 2023
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Usage

Common in banking, trade, official reports
Common in everyday conversation.
Sumera Saeed
Oct 04, 2023

Representation

Represented by the symbol "£".
No specific symbol.
Sumera Saeed
Oct 04, 2023

Origins

Derived from the Latin word "libra".
Uncertain, possibly from "quid pro quo".
Harlon Moss
Oct 04, 2023

Pluralization

Used as both singular and plural.
Also used as both singular and plural.
Sumera Saeed
Oct 04, 2023

Pound and Quid Definitions

Pound

To strike repeatedly with great force.
He pounded the door angrily.
Harlon Moss
Oct 04, 2023
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Quid

Slang for the British pound sterling.
I need a few quid for the bus.
Harlon Moss
Oct 04, 2023

Pound

A unit of currency in the UK.
I spent fifty pounds on groceries.
Aimie Carlson
Oct 04, 2023

Quid

A portion of something to be chewed.
He took a quid of tobacco.
Janet White
Oct 04, 2023

Pound

A unit of weight equal to 16 ounces.
The bag weighs ten pounds.
Sumera Saeed
Oct 04, 2023

Quid

An act of spitting, especially when chewing tobacco.
He took a quid and spat it out.
Huma Saeed
Oct 04, 2023

Pound

To walk or move with heavy steps.
I could hear him pound up the stairs.
Janet White
Oct 04, 2023

Quid

Something given in return; quid pro quo.
He did a favor, expecting a quid in return.
Sumera Saeed
Oct 04, 2023

Pound

A place of confinement or holding.
The dog was taken to the pound.
Sara Rehman
Oct 04, 2023

Quid

Formerly, a sovereign coin of Britain.
He showed me an old quid from his collection.
Sara Rehman
Oct 04, 2023

Pound

A unit of weight equal to 16 ounces (453.592 grams).
Sumera Saeed
Jun 21, 2017

Quid

A cut, as of chewing tobacco.
Sumera Saeed
Jun 21, 2017

Pound

A unit of apothecary weight equal to 12 ounces (373.242 grams). See Table at measurement.
Sumera Saeed
Jun 21, 2017

Quid

A pound sterling.
Sumera Saeed
Jun 21, 2017

Pound

A unit of weight differing in various countries and times.
Sumera Saeed
Jun 21, 2017

Quid

The inherent nature of something.
Sumera Saeed
Jun 21, 2017

FAQs

Can I use the term "quid" in official documents?

It's better to use "pound" in formal contexts.
Sumera Saeed
Oct 04, 2023

What is a pound in the UK context?

It's the official currency of the United Kingdom.
Sumera Saeed
Oct 04, 2023

How did "quid" come to mean a pound?

The exact origin is uncertain, but it's a long-standing slang term.
Sumera Saeed
Oct 04, 2023

Why is the pound symbol represented as "£"?

It's derived from the Latin word "libra", a measure of weight.
Harlon Moss
Oct 04, 2023

How many pennies are in a pound?

There are 100 pence in a pound.
Aimie Carlson
Oct 04, 2023

Can I say "quids" to mean multiple pounds?

Yes, but it's more common to just say "quid" for both singular and plural.
Harlon Moss
Oct 04, 2023

Is there a difference in value between a pound and a quid?

No, they represent the same amount.
Sumera Saeed
Oct 04, 2023

Can "pound" refer to anything other than currency?

Yes, it can also mean a unit of weight or an action of striking.
Aimie Carlson
Oct 04, 2023

Do other countries use the term "pound" for their currency?

Yes, like Egypt and Lebanon, but their "pound" is different from the UK's.
Janet White
Oct 04, 2023

Can "quid" refer to a specific amount?

Generally, it refers to the British pound currency, not a specific amount.
Sumera Saeed
Oct 04, 2023

Is the use of "quid" declining with time?

No, it remains a popular and widely understood slang term for the pound in the UK.
Aimie Carlson
Oct 04, 2023

Is quid the same as a pound?

Yes, "quid" is informal slang for the British pound.
Huma Saeed
Oct 04, 2023

What's the historical value of a quid?

Historically, a "quid" referred to a sovereign coin in Britain.
Sumera Saeed
Oct 04, 2023

Can "quid" mean anything other than money?

Yes, it can also refer to a portion of something chewed, like tobacco.
Sara Rehman
Oct 04, 2023

Is the pound used in countries outside of the UK?

The British pound is specific to the UK, but other nations have their own "pound" currencies.
Sara Rehman
Oct 04, 2023

Is "quid" used outside of the UK?

Primarily in the UK, though English speakers elsewhere might understand its meaning.
Sumera Saeed
Oct 04, 2023

How often is "quid" used in everyday conversation?

Very frequently, similar to how Americans might use "buck" for dollar.
Janet White
Oct 04, 2023

Why might someone say "quid pro quo"?

It's a Latin phrase meaning "something for something", referring to a mutual exchange.
Sara Rehman
Oct 04, 2023

How long has "quid" been slang for the pound?

It's been used for many decades, but its exact origin is unclear.
Aimie Carlson
Oct 04, 2023

Does "pound" have a plural form?

"Pound" can be used as both singular and plural, but "pounds" is also correct.
Janet White
Oct 04, 2023
About Author
Written by
Sumera Saeed
Sumera is an experienced content writer and editor with a niche in comparative analysis. At Diffeence Wiki, she crafts clear and unbiased comparisons to guide readers in making informed decisions. With a dedication to thorough research and quality, Sumera's work stands out in the digital realm. Off the clock, she enjoys reading and exploring diverse cultures.
Edited by
Huma Saeed
Huma is a renowned researcher acclaimed for her innovative work in Difference Wiki. Her dedication has led to key breakthroughs, establishing her prominence in academia. Her contributions continually inspire and guide her field.

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