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Guinea vs. Pound: Know the Difference

Shumaila Saeed
By Shumaila Saeed || Updated on December 25, 2023
A guinea was a British gold coin worth 21 shillings, while a pound is a unit of currency in the UK worth 100 pence.
Guinea vs. Pound

Key Differences

The guinea, which is no longer in circulation, was once a gold coin in Britain valued at 21 shillings. The pound, commonly referred to as the pound sterling, is the current currency of the UK and is a paper or digital currency divided into 100 pence.
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Nov 08, 2023
Historically, guineas were often used in professional or high-class transactions, such as art auctions and horse trading. The pound, on the other hand, is used in everyday transactions and is the standard unit of currency for the British economy.
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One could not find a guinea coin today except as a collector's item or in historical contexts, while the pound is actively used and is subject to fluctuations in the global currency market.
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When discussing large transactions, prices might still be quoted in guineas out of tradition, particularly in horse racing. In contrast, all modern financial dealings, wages, and goods pricing are done in pounds.
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The guinea symbolizes a bygone era of British currency, associated with prestige and higher value transactions. The pound symbolizes current British economic strength and is a major global currency.
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Comparison Chart

Currency Status

Historical currency, not used today.
Current currency of the UK.
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Value

Fixed at 21 shillings (1.05 pounds).
Variable, subdivided into 100 pence.
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Composition

Gold coin.
Paper/digital and coins.
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Usage

High-class transactions and auctions.
Everyday and all transactions.
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Symbolism

Old British economy and prestige.
Modern British economy and strength.
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Guinea and Pound Definitions

Guinea

A British gold coin issued from 1663 to 1814.
The antique necklace was valued at 100 guineas.
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Pound

A unit of weight equal to 16 ounces.
She bought a pound of coffee.
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Nov 08, 2023

Guinea

A unit of currency worth 21 shillings.
His debt was tallied to 500 guineas.
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Pound

The enclosure for stray animals.
The lost dog was found at the local pound.
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Nov 08, 2023

Guinea

Used to denote professional fees.
The lawyer's fee was 50 guineas.
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Nov 08, 2023
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Pound

A unit of weight equal to 16 ounces (453.592 grams).
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Oct 19, 2023

Guinea

A term used in historical British pricing.
The estate was purchased for 10,000 guineas.
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Nov 08, 2023

Pound

A unit of apothecary weight equal to 12 ounces (373.242 grams). See Table at measurement.
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Oct 19, 2023

Guinea

A gold coin issued in England from 1663 to 1813 and worth one pound and one shilling.
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Oct 19, 2023

Pound

A unit of weight differing in various countries and times.
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Oct 19, 2023

Guinea

The sum of one pound and one shilling.
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Oct 19, 2023

Pound

See pound-force.
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Oct 19, 2023

Guinea

Offensive Slang Used as a disparaging term for a person of Italian birth or descent.
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Oct 19, 2023

Pound

See pound-mass.
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Oct 19, 2023

Guinea

A gold coin originally worth twenty shillings; later (from 1717 until the adoption of decimal currency) standardised at a value of twenty-one shillings.
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Oct 19, 2023

Pound

The primary unit of currency in the United Kingdom, worth 20 shillings or 240 old pence before the decimalization of 1971. Also called pound sterling.
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Oct 19, 2023

Guinea

Synonym of guinea fowl
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Oct 19, 2023

Pound

See Table at currency.
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Oct 19, 2023

Guinea

A person of Italian descent.
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Oct 19, 2023

Pound

The primary unit of currency in Ireland and Cyprus before the adoption of the euro.
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Oct 19, 2023

Guinea

A district on the west coast of Africa (formerly noted for its export of gold and slaves) after which the Guinea fowl, Guinea grass, Guinea peach, etc., are named.
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Oct 19, 2023

Pound

A primary unit of currency in Scotland before the Act of Union (1707). Also called pound scots.
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Oct 19, 2023

Guinea

A gold coin of England current for twenty-one shillings sterling, or about five dollars, but not coined since the issue of sovereigns in 1817.
The guinea, so called from the Guinea gold out of which itwas first struck, was proclaimed in 1663, and to go for twenty shillings; but it never went for less than twenty-one shillings.
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Oct 19, 2023

Pound

The pound key on a telephone.
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Oct 19, 2023

Guinea

A former British gold coin worth 21 shillings
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Oct 19, 2023

Pound

A heavy blow.
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Oct 19, 2023

Guinea

Offensive terms for a person of Italian descent
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Shumaila Saeed
Oct 19, 2023

Pound

The sound of a heavy blow; a thump.
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Oct 19, 2023

Guinea

A republic in eastern Africa on the Atlantic; formerly a French colony; achieved independence from France in 1958
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Oct 19, 2023

Pound

The act of pounding.
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Oct 19, 2023

Guinea

A west African bird having dark plumage mottled with white; native to Africa but raised for food in many parts of the world
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Oct 19, 2023

Pound

An animal shelter, especially one operated by a public agency to house stray or confiscated animals.
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Oct 19, 2023

Guinea

Symbolic in horse racing for prize values.
The race's prize was set at 1,000 guineas.
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Pound

A public enclosure for the confinement of stray livestock.
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Oct 19, 2023

Pound

A tank or submerged cage, as on a boat, in which live fish or shellfish are kept.
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Oct 19, 2023

Pound

New England An establishment at which live lobsters are kept and sold, often also offering no-frills restaurant service.
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Oct 19, 2023

Pound

A place in which vehicles impounded by the authorities are held until redeemed by their owners.
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Oct 19, 2023

Pound

(Archaic) A prison.
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Pound

To strike repeatedly and forcefully, especially with the hand or a tool
Pounded the nail with a hammer.
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Oct 19, 2023

Pound

To assault with military force
Pounded the bunker with mortars.
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Oct 19, 2023

Pound

To beat to a powder or pulp; pulverize or crush
Pound corn into meal.
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Oct 19, 2023

Pound

To instill by persistent, emphatic repetition
Pounded knowledge into the students' heads.
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Oct 19, 2023

Pound

To produce energetically, as from forceful use of the hands. Often used with out
"a tinny piano pounding out Happy Birthday down the block" (Laura Kascischke).
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Oct 19, 2023

Pound

To cause harm or loss to; affect adversely
Stocks that were pounded when energy prices rose.
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Oct 19, 2023

Pound

To defeat soundly
Pounded their rivals in the season finale.
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Pound

To attack verbally; criticize
Was pounded for months in the press.
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Oct 19, 2023

Pound

(Slang) To drink quickly (a beverage, especially an alcoholic one). Often used with back or down
Pounded back a few beers after work.
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Oct 19, 2023

Pound

To strike vigorous, repeated blows
He pounded on the table.
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Pound

To move along heavily and noisily
The children pounded up the stairs.
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Oct 19, 2023

Pound

To pulsate rapidly and heavily; throb
My heart pounded.
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Oct 19, 2023

Pound

To move or work laboriously
A ship that pounded through heavy seas.
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Oct 19, 2023

Pound

To confine (an animal) in a pound.
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Oct 19, 2023

Pound

A unit of weight in various measurement systems
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Pound

Ellipsis of pound weight
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Pound

The translated name of various non-English units of measure
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Pound

A unit of mass in various measurement systems
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Pound

Ellipsis of pound mass
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Pound

The translated name of various non-English units of measure
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Pound

A unit of mass equal to 16 avoirdupois ounces (= 453.592 g). Today this value is the most common meaning of "pound" as a unit of weight.
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Oct 19, 2023

Pound

A unit of mass equal to 12 troy ounces (≈ 373.242 g). Today, this is a common unit of mass when measuring precious metals, and is little used elsewhere.
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Oct 19, 2023

Pound

A unit of force in various measurement systems
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Oct 19, 2023

Pound

Ellipsis of pound force
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Oct 19, 2023

Pound

The translated name of various non-English units of measure
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Shumaila Saeed
Oct 19, 2023

Pound

A unit of currency in various currency systems
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Oct 19, 2023

Pound

The translated name of various non-English units of currency
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Oct 19, 2023

Pound

The unit of currency used in the United Kingdom and its dependencies. It is divided into 100 pence. Symbol £.
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Oct 19, 2023

Pound

Any of various units of currency used in Egypt, Lebanon, Sudan and Syria, and formerly in the Republic of Ireland, Cyprus and Israel.
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Oct 19, 2023

Pound

Any of various units of currency formerly used in the United States.
The Rhode Island pound; the New Hampshire pound
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Pound

(US) The symbol # (octothorpe, hash, number sign)
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Pound

A place for the detention of stray or wandering animals.
Dog pound
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Oct 19, 2023

Pound

(metonymy) The people who work for the pound.
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Oct 19, 2023

Pound

(UK) A place for the detention of automobiles that have been illegally parked, abandoned, etc.
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Oct 19, 2023

Pound

A section of a canal between two adjacent locks.
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Oct 19, 2023

Pound

A kind of fishing net, having a large enclosure with a narrow entrance into which fish are directed by wings spreading outward.
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Oct 19, 2023

Pound

(Newfoundland) a division inside a fishing stage where cod is cured in salt brine
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Oct 19, 2023

Pound

A hard blow.
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Pound

To wager a pound on.
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Pound

To confine in, or as in, a pound; to impound.
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Oct 19, 2023

Pound

(transitive) To strike hard, usually repeatedly.
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Oct 19, 2023

Pound

(transitive) To crush to pieces; to pulverize.
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Oct 19, 2023

Pound

To eat or drink very quickly.
You really pounded that beer!
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Oct 19, 2023

Pound

To pitch consistently to a certain location.
The pitcher has been pounding the outside corner all night.
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Oct 19, 2023

Pound

To beat strongly or throb.
As I tiptoed past the sleeping dog, my heart was pounding but I remained silent.
My head was pounding.
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Oct 19, 2023

Pound

To penetrate sexually, with vigour.
I was pounding her all night!
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Oct 19, 2023

Pound

To advance heavily with measured steps.
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Oct 19, 2023

Pound

(engineering) To make a jarring noise, as when running.
The engine pounds.
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Oct 19, 2023

Pound

To strike repeatedly with some heavy instrument; to beat.
With cruel blows she pounds her blubbered cheeks.
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Oct 19, 2023

Pound

To comminute and pulverize by beating; to bruise or break into fine particles with a pestle or other heavy instrument; as, to pound spice or salt.
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Oct 19, 2023

Pound

To strike heavy blows; to beat.
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Oct 19, 2023

Pound

To make a jarring noise, as in running; as, the engine pounds.
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Oct 19, 2023

Pound

To confine in, or as in, a pound; to impound.
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Oct 19, 2023

Pound

An inclosure, maintained by public authority, in which cattle or other animals are confined when taken in trespassing, or when going at large in violation of law; a pinfold.
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Oct 19, 2023

Pound

A level stretch in a canal between locks.
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Oct 19, 2023

Pound

A kind of net, having a large inclosure with a narrow entrance into which fish are directed by wings spreading outward.
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Oct 19, 2023

Pound

A certain specified weight; especially, a legal standard consisting of an established number of ounces.
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Oct 19, 2023

Pound

A British denomination of money of account, equivalent to twenty shillings sterling, and equal in value to about $4.86. There is no coin known by this name, but the gold sovereign is of the same value.
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Oct 19, 2023

Pound

16 ounces;
He tried to lift 100 pounds
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Oct 19, 2023

Pound

The basic unit of money in Great Britain; equal to 100 pence
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Oct 19, 2023

Pound

The basic unit of money in Syria; equal to 100 piasters
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Oct 19, 2023

Pound

The basic unit of money in the Sudan; equal to 100 piasters
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Oct 19, 2023

Pound

The basic unit of money in Lebanon; equal to 100 piasters
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Oct 19, 2023

Pound

Formerly the basic unit of money in Ireland; equal to 100 pence
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Pound

The basic unit of money in Egypt; equal to 100 piasters
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Oct 19, 2023

Pound

The basic unit of money in Cyprus; equal to 100 cents
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Oct 19, 2023

Pound

A nontechnical unit of force equal to the mass of 1 pound with an acceleration of free fall equal to 32 feet/sec/sec
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Oct 19, 2023

Pound

United States writer who lived in Europe; strongly influenced the development of modern literature (1885-1972)
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Oct 19, 2023

Pound

A public enclosure for stray or unlicensed dogs;
Unlicensed dogs will be taken to the pound
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Oct 19, 2023

Pound

The act of pounding (delivering repeated heavy blows);
The sudden hammer of fists caught him off guard
The pounding of feet on the hallway
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Oct 19, 2023

Pound

Hit hard with the hand, fist, or some heavy instrument;
The salesman pounded the door knocker
A bible-thumping Southern Baptist
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Oct 19, 2023

Pound

Strike or drive against with a heavy impact;
Ram the gate with a sledgehammer
Pound on the door
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Oct 19, 2023

Pound

Move heavily or clumsily;
The heavy man lumbered across the room
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Oct 19, 2023

Pound

Move rhythmically;
Her heart was beating fast
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Oct 19, 2023

Pound

Partition off into compartments;
The locks pound the water of the canal
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Oct 19, 2023

Pound

Shut up or confine in any enclosure or within any bounds or limits;
The prisoners are safely pounded
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Oct 19, 2023

Pound

Place or shut up in a pound;
Pound the cows so they don't stray
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Oct 19, 2023

Pound

Break down and crush by beating, as with a pestle;
Pound the roots with a heavy flat stone
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Oct 19, 2023

Pound

The unit of currency in the United Kingdom.
The book cost me 15 pounds.
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Nov 08, 2023

Pound

A forceful blow.
The boxer delivered a strong pound.
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Nov 08, 2023

Pound

To crush or grind with repeated heavy blows.
The chef pounded the spices.
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Nov 08, 2023

Repeatedly Asked Queries

Are guineas still used?

Guineas are no longer used as currency; they are collectibles.
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Shumaila Saeed
Nov 08, 2023

What was the value of a guinea?

A guinea was valued at 21 shillings.
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Nov 08, 2023

Why was the guinea coin unique?

The guinea was unique due to its gold content and value.
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Nov 08, 2023

What is the current value of a pound?

A pound is currently worth 100 pence.
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Nov 08, 2023

Can you exchange guineas today?

Guineas can no longer be exchanged; they are historical items.
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Nov 08, 2023

Where is the pound used?

The pound is used in the United Kingdom.
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Nov 08, 2023

Was there a coin called half-guinea?

Yes, half-guineas were minted and valued at 10.5 shillings.
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Nov 08, 2023

What is the ISO currency code for the pound?

The ISO currency code for the pound is GBP.
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Nov 08, 2023

Can the pound fluctuate in value?

Yes, the value of the pound can fluctuate due to economic factors.
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Nov 08, 2023

Is the pound a strong currency?

The pound is considered one of the major world currencies.
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Nov 08, 2023

What was the guinea's role in British culture?

The guinea was associated with prestige and professional services.
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Nov 08, 2023

How did the guinea get its name?

The guinea was named after the Guinea region in Africa from where its gold originated.
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Nov 08, 2023

How many pence make up a pound?

There are 100 pence in a pound.
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Nov 08, 2023

Did the guinea have any subdivisions?

The guinea did not have subdivisions; it was a single coin.
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Nov 08, 2023

Is the pound used outside of the UK?

The pound is used in the UK and its territories.
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Nov 08, 2023

What symbol represents the pound?

The pound is represented by the symbol £.
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Nov 08, 2023

What denominations does the pound come in?

The pound comes in various denominations, from 1 pence to 50 pounds.
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Nov 08, 2023

What is the smallest pound coin?

The smallest pound coin is the one pence piece.
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Nov 08, 2023

Are guineas used in pricing today?

Guineas are sometimes used in traditional pricing, like in horse racing.
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Nov 08, 2023

Why do some auctions still use guineas?

Some auctions use guineas out of tradition.
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Nov 08, 2023

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Shumaila Saeed
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Shumaila Saeed
Shumaila Saeed, an expert content creator with 6 years of experience, specializes in distilling complex topics into easily digestible comparisons, shining a light on the nuances that both inform and educate readers with clarity and accuracy.

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Being guilty implies responsibility for committing a crime or wrongdoing, while being liable denotes legal responsibility or obligation, often in a civil context.
Pycharm Community vs. Pycharm ProPycharm Community vs. Pycharm Pro
Shumaila SaeedShumaila Saeed
February 4, 2024
PyCharm Community is a free, open-source IDE for Python development, while PyCharm Pro is a paid version with additional advanced features like web development support and database tools.
Coke vs. PepsiCoke vs. Pepsi
Shumaila SaeedShumaila Saeed
January 12, 2024
Coke and Pepsi are iconic cola beverages with distinct flavors; Coke has a sharper, vanilla-tinged taste, while Pepsi is sweeter with a citrusy flavor.
Broadsheet vs. TabloidBroadsheet vs. Tabloid
Shumaila SaeedShumaila Saeed
November 2, 2024
Broadsheet is a large-format newspaper focusing on serious content; Tabloid is a smaller, sensational news-focused paper.
Catholic Bible vs. NIV BibleCatholic Bible vs. NIV Bible
Shumaila SaeedShumaila Saeed
February 11, 2024
The Catholic Bible includes additional books in the Old Testament not found in the NIV Bible; the NIV is a modern English translation.
Single User Operating System vs. Multi User Operating SystemSingle User Operating System vs. Multi User Operating System
Shumaila SaeedShumaila Saeed
January 24, 2024
A Single User Operating System supports one user at a time, whereas a Multi User Operating System allows multiple users to operate simultaneously.
Ivory vs. LinenIvory vs. Linen
Shumaila SaeedShumaila Saeed
March 6, 2024
Ivory refers to a shade of white with a slight yellowish or creamy hue, often associated with the material from elephant tusks, while linen is a textile made from flax fibers, known for its durability, coolness, and breathability.
Ammonium Sulfate vs. UreaAmmonium Sulfate vs. Urea
Shumaila SaeedShumaila Saeed
December 25, 2023
Ammonium Sulfate is an inorganic salt used as a fertilizer, while Urea is an organic compound used in agriculture and industry.
TPU vs. PUTPU vs. PU
Shumaila SaeedShumaila Saeed
April 26, 2024
TPU is a type of thermoplastic elastomer with high elasticity and durability, while PU, or polyurethane, is versatile with varying hardness and used in multiple applications.
.380 vs. .38 Special.380 vs. .38 Special
Shumaila SaeedShumaila Saeed
April 20, 2024
The .380 is a short-range pistol cartridge with less recoil, while the .38 Special is a longer, more powerful revolver cartridge suitable for diverse uses.
Garbanzo Beans vs. Cannellini BeansGarbanzo Beans vs. Cannellini Beans
Shumaila SaeedShumaila Saeed
December 25, 2023
Garbanzo beans are round, beige legumes with a nutty taste, while cannellini beans are larger, white kidney beans with a milder flavor.
Department vs. DivisionDepartment vs. Division
Shumaila SaeedShumaila Saeed
February 22, 2024
A department is a specialized unit within an organization focusing on a specific function or task, while a division is a larger segment of a company, often based on product lines, customer types, or geographical areas.
Gorilla Glass vs. Panda GlassGorilla Glass vs. Panda Glass
Shumaila SaeedShumaila Saeed
January 5, 2024
Gorilla Glass is a highly durable, scratch-resistant glass used in electronic devices, while Panda Glass is a similar protective glass known for its high transparency and toughness.
Double Room vs. Twin RoomDouble Room vs. Twin Room
Shumaila SaeedShumaila Saeed
October 16, 2024
A double room features one large bed for two people, focusing on couples or close pairs, while a twin room has two separate single beds, catering to friends or colleagues.
NM3 vs. M3NM3 vs. M3
Hifza NasirHifza Nasir
April 19, 2024
NM3 measures gas volume under Normal conditions (0°C and 1.01325 bar), while M3 measures volume under the conditions at which it is measured, without standard adjustment.
Roman Catholic vs. Irish CatholicRoman Catholic vs. Irish Catholic
Shumaila SaeedShumaila Saeed
February 4, 2024
Roman Catholic refers to the global Christian church led by the Pope in Rome, while Irish Catholic denotes Roman Catholics in Ireland, often with unique cultural and historical aspects.
Metrics vs. MatrixMetrics vs. Matrix
Hifza NasirHifza Nasir
October 19, 2024
Metrics refer to a system or standard of measurement, often used in evaluation and analysis, while a matrix is a rectangular array of numbers or symbols arranged in rows and columns.
Positivism vs. Post-PositivismPositivism vs. Post-Positivism
Shumaila SaeedShumaila Saeed
May 26, 2024
Positivism emphasizes observable, empirical evidence and the scientific method, while post-positivism recognizes the limitations of pure objectivity and incorporates subjective perspectives.

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