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Pound vs. Quid: Know the Difference

Shumaila Saeed
By Shumaila Saeed || Updated on December 25, 2023
The pound is the official currency of the United Kingdom, while quid is a slang term for the same currency.
Pound vs. Quid

Key Differences

The pound, officially known as the British pound sterling, is the currency of the United Kingdom. Quid, in contrast, is a colloquial term widely used in the UK to refer to the pound.
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"Pound" is the formal and internationally recognized name for the UK's currency. "Quid," however, is informal and used predominantly in spoken English within the UK.
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The term "pound" is used in official and financial contexts, such as banking and international trade. Quid is generally not used in formal or official financial documentation.
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One pound is subdivided into 100 pence. The term "quid" carries the same monetary value but lacks a formal subdivision reference.
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The symbol for the pound is £, used in both formal and informal contexts. There is no specific symbol for "quid" as it is a vernacular term.
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Comparison Chart

Official Status

Official currency of the UK
Slang term for the same currency
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Usage Context

Formal and international use
Informal, predominantly in the UK
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In Financial Documents

Used in banking and official docs
Rarely used in official documentation
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Subdivision

Subdivided into 100 pence
Same value, informal usage
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Symbol

£
No specific symbol
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Pound and Quid Definitions

Pound

A unit of currency in the UK, subdivided into 100 pence.
I need a few pounds for parking.
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Quid

A non-official word for the pound sterling.
He owes me fifty quid.
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Pound

The official monetary unit of the UK's economy.
The pound is stronger than the dollar today.
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Quid

Informal term for the currency used in the UK.
I spent twenty quid on lunch.
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Pound

A unit of weight equal to 16 ounces (453.592 grams).
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Quid

Colloquial UK term for their monetary unit.
The taxi fare was five quid.
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Pound

A unit of apothecary weight equal to 12 ounces (373.242 grams). See Table at measurement.
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Quid

British slang for their national currency.
That's a lot of quids for a book.
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Pound

A unit of weight differing in various countries and times.
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Quid

A cut, as of chewing tobacco.
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Pound

See pound-force.
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Quid

A pound sterling.
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Pound

See pound-mass.
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Quid

The inherent nature of something.
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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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Quid

A member of a section of the Democratic-Republican Party between 1805 and 1811, following John Randolph of Roanoke. (From tertium quid.)
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Pound

See Table at currency.
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Quid

Paired with quo, in reference to the phrase this for that: something offered in exchange for something else.
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Pound

The primary unit of currency in Ireland and Cyprus before the adoption of the euro.
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Quid

(historical) A sovereign or guinea, that is, a certain coin or amount of money.
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Pound

A primary unit of currency in Scotland before the Act of Union (1707). Also called pound scots.
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Quid

Pound sterling usually only used with a whole number of pounds
Seven quid for a toastie#English!toastie? You're joking aren't you?!
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Pound

The pound key on a telephone.
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Quid

Various national currencies typically known by the name "pound"
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Pound

A heavy blow.
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Quid

Euro
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Pound

The sound of a heavy blow; a thump.
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Quid

Dollar, dollars
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Pound

The act of pounding.
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Quid

A piece of material for chewing, especially chewing tobacco.
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Pound

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

The act of chewing such tobacco
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Pound

A public enclosure for the confinement of stray livestock.
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Quid

To chew tobacco.
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Pound

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

(of a horse) To let food drop from the mouth whilst chewing.
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Pound

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

A portion suitable to be chewed; a cud; as, a quid of tobacco.
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Pound

A place in which vehicles impounded by the authorities are held until redeemed by their owners.
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Quid

An English coin, a sovereign.
They invited him to come to-morrow, . . . and bring half a quid with him.
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Pound

(Archaic) A prison.
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Quid

To drop from the mouth, as food when partially chewed; - said of horses.
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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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Quid

The basic unit of money in Great Britain; equal to 100 pence
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Pound

To assault with military force
Pounded the bunker with mortars.
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Quid

Something for something; that which a party receives (or is promised) in return for something he does or gives or promises
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Pound

To beat to a powder or pulp; pulverize or crush
Pound corn into meal.
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Quid

A wad of something chewable as tobacco
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Pound

To instill by persistent, emphatic repetition
Pounded knowledge into the students' heads.
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Quid

Quid is a slang term for the British pound.
Can you lend me a quid?
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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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Pound

To cause harm or loss to; affect adversely
Stocks that were pounded when energy prices rose.
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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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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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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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Pound

To pulsate rapidly and heavily; throb
My heart pounded.
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Pound

To move or work laboriously
A ship that pounded through heavy seas.
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Pound

To confine (an animal) in a pound.
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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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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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Pound

A unit of force in various measurement systems
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Pound

Ellipsis of pound force
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Pound

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

A unit of currency in various currency systems
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Pound

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

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

(metonymy) The people who work for the pound.
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Pound

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

A section of a canal between two adjacent locks.
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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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Pound

(Newfoundland) a division inside a fishing stage where cod is cured in salt brine
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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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Pound

(transitive) To strike hard, usually repeatedly.
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Pound

(transitive) To crush to pieces; to pulverize.
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Pound

To eat or drink very quickly.
You really pounded that beer!
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Pound

To pitch consistently to a certain location.
The pitcher has been pounding the outside corner all night.
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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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Pound

To penetrate sexually, with vigour.
I was pounding her all night!
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Pound

To advance heavily with measured steps.
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Pound

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

To strike repeatedly with some heavy instrument; to beat.
With cruel blows she pounds her blubbered cheeks.
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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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Pound

To strike heavy blows; to beat.
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Pound

To make a jarring noise, as in running; as, the engine pounds.
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Pound

To confine in, or as in, a pound; to impound.
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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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Pound

A level stretch in a canal between locks.
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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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Pound

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

16 ounces;
He tried to lift 100 pounds
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Pound

The basic unit of money in Great Britain; equal to 100 pence
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Pound

The basic unit of money in Syria; equal to 100 piasters
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Pound

The basic unit of money in the Sudan; equal to 100 piasters
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Pound

The basic unit of money in Lebanon; equal to 100 piasters
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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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Pound

The basic unit of money in Cyprus; equal to 100 cents
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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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Pound

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

A public enclosure for stray or unlicensed dogs;
Unlicensed dogs will be taken to the pound
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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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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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Pound

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

Move heavily or clumsily;
The heavy man lumbered across the room
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Pound

Move rhythmically;
Her heart was beating fast
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Pound

Partition off into compartments;
The locks pound the water of the canal
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Pound

Shut up or confine in any enclosure or within any bounds or limits;
The prisoners are safely pounded
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Pound

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

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

The pound is the official currency of the United Kingdom.
The price is listed as £50.
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Pound

The pound sterling, symbolized by £.
The coat costs seventy pounds.
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Pound

A widely used currency in international financial markets.
The pound's exchange rate fluctuates daily.
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Repeatedly Asked Queries

Can I use quid in official documents?

No, it's better to use "pound" in official or formal documents.
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Is there a symbol for quid?

No, quid does not have a specific symbol; the pound symbol (£) is used.
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What does quid mean?

Quid is a slang term for the British pound.
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Is quid widely accepted in the UK?

Yes, quid is widely understood and used in the UK.
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Is the pound a stable currency?

The pound is considered one of the more stable and strong currencies globally.
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How many pence are in a pound?

There are 100 pence in one pound.
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Is quid used outside the UK?

Quid is mostly used within the UK and is less known internationally.
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Are pound and quid interchangeable?

In informal speech, yes, but not in formal contexts.
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Can quid be used in banking?

In informal conversation, yes, but not in official banking terminology.
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Where is the pound used besides the UK?

It's also used in British Overseas Territories.
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What is a pound?

The pound is the official currency of the United Kingdom.
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What is the plural form of quid?

Quid remains "quid" in the plural, not "quids."
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Why is quid a popular term?

It's part of colloquial speech and UK cultural vernacular.
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Is the pound used in Scotland and Northern Ireland?

Yes, the pound is used throughout the United Kingdom.
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Do other countries use a pound currency?

Other countries have their own versions of the pound, like the Egyptian pound.
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Is the value of a quid equal to a pound?

Yes, a quid is equal in value to a pound.
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How is the value of a pound determined?

The value is determined by financial markets and the UK's economic performance.
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Can I write cheques using quid?

It's advisable to write "pounds" on cheques for clarity and formality.
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Why is the pound symbolized by £?

The symbol derives from the Latin word "libra," which means pound.
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How do tourists use quid in the UK?

Tourists can use the term quid when conversing casually about prices.
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Nov 15, 2023

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Shumaila Saeed
Written by
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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December 25, 2023
2 Pole Motors have one pair of magnetic poles and run at higher speeds, while 4 Pole Motors have two pairs of poles and operate at lower speeds, offering higher torque.
Extent vs. ScopeExtent vs. Scope
Shumaila SaeedShumaila Saeed
December 25, 2023
"Extent" refers to the degree or range something covers, while "Scope" relates to the breadth or range of coverage, influence, or effect.
Login vs. LogonLogin vs. Logon
Shumaila SaeedShumaila Saeed
December 25, 2023
"Login" and "Logon" are often used interchangeably to describe the process of gaining access to a computer system, but "login" can also refer to the credentials used for access.
Poem vs. PoetryPoem vs. Poetry
Shumaila SaeedShumaila Saeed
December 25, 2023
A poem is a piece of writing that expresses ideas and emotions with a distinctive style and rhythm; poetry is the art form of writing such pieces.
Nuclear Family vs. Joint FamilyNuclear Family vs. Joint Family
Shumaila SaeedShumaila Saeed
January 9, 2024
Nuclear Family is a family unit consisting of parents and their children. Joint Family is a larger family structure comprising parents, children, and other relatives living together.
Poster vs. InfographicPoster vs. Infographic
Shumaila SaeedShumaila Saeed
December 25, 2023
A Poster is a large printed image or notice for public display, while an Infographic is a visual representation of information or data.
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.
Vital Proteins Collagen vs. OrganikaVital Proteins Collagen vs. Organika
Shumaila SaeedShumaila Saeed
February 9, 2024
Vital Proteins Collagen is a brand offering collagen supplements for health and beauty, while Organika is a broader health and wellness brand with diverse products including collagen.
Data Roaming vs. Cellular DataData Roaming vs. Cellular Data
Shumaila SaeedShumaila Saeed
December 25, 2023
Data Roaming allows usage of mobile network services outside of the home network area, while Cellular Data is using mobile services within the home network.
Slazenger Logo vs. Puma LogoSlazenger Logo vs. Puma Logo
Shumaila SaeedShumaila Saeed
February 15, 2024
The Slazenger logo features a panther, symbolizing agility and tradition, while the Puma logo depicts a leaping puma, representing speed and strength.
Catapult vs. TrebuchetCatapult vs. Trebuchet
Shumaila SaeedShumaila Saeed
January 4, 2024
A catapult is a ballistic device using tension or torsion to launch projectiles, while a trebuchet is a type of catapult using a counterweight for greater force and distance.
Fluid vs. LiquidFluid vs. Liquid
Shumaila SaeedShumaila Saeed
February 13, 2024
Fluids encompass all substances that flow (including gases and liquids), while liquids specifically refer to fluids with a definite volume but no fixed shape, adapting to their container.
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.
Gorilla Glass 3 vs. Gorilla Glass 5Gorilla Glass 3 vs. Gorilla Glass 5
Shumaila SaeedShumaila Saeed
January 1, 2024
Gorilla Glass 3 offers improved scratch resistance and durability compared to its predecessors, while Gorilla Glass 5 focuses on enhanced drop protection and toughness.
PPM vs. PPMVPPM vs. PPMV
Shumaila SaeedShumaila Saeed
February 10, 2024
PPM (parts per million) measures the concentration of one substance within a million parts of another. PPMV (parts per million by volume) expresses gas concentration as volume per million volumes of air.
Crane vs. HeronCrane vs. Heron
Shumaila SaeedShumaila Saeed
June 24, 2024
Cranes are large, long-legged and long-necked birds known for their elaborate dances, while herons are typically more solitary, stealth hunters with a distinctive S-shaped neck.
NDM vs. FTPNDM vs. FTP
Shumaila SaeedShumaila Saeed
February 15, 2024
NDM (Network Data Mover) automates and secures data transfers across networks, while FTP (File Transfer Protocol) is a standard network protocol for transferring files between computers.
Traditional Trade vs. Modern TradeTraditional Trade vs. Modern Trade
Shumaila SaeedShumaila Saeed
December 25, 2023
Traditional trade involves local, small-scale, often personalized commerce; modern trade is characterized by large-scale, technology-driven, and impersonal retail environments.
5'11" vs. 6'0"5’11” vs. 6’0″
Shumaila SaeedShumaila Saeed
February 4, 2024
The difference between 5'11" and 6'0" is one inch, with 5'11" being 71 inches and 6'0" being 72 inches tall.
DDR3 vs. DDR3LDDR3 vs. DDR3L
Shumaila SaeedShumaila Saeed
January 29, 2024
DDR3 is a type of RAM with standard voltage (1.5V), while DDR3L is a low voltage variant (1.35V) compatible with both 1.5V and 1.35V slots.
Explain vs. DefineExplain vs. Define
Dua FatimaDua Fatima
June 22, 2024
Explaining involves detailing or clarifying a concept, often including context and examples, whereas defining means stating the exact meaning of a word or phrase, typically in a concise manner.

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