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List Of British Banknotes And Coins
List of British banknotes and coins, with commonly used terms. Coins Pre-decimal Prior to decimalisation in 1971, there were 12 pence (written as 12d) in a shilling (written as 1s or 1/-) and 20 shillings in a pound, written as £1 (occasionally "L" was used instead of the pound sign, £). There were therefore 240 pence in a pound. For example, 2 pounds 14 shillings and 5 pence could have been written as £2 14s 5d or £2/14/5. The origin of £/\mathfrak, s, and d were the Latin terms Libra, meaning a pound weight (with the £ sign developing as an elaborate L), solidus (pl. solidi), 20 of which made up one Libra, and denarius (pl. denarii), 240 of which made up one Libra with 12 being equal to one solidus. These terms and divisions of currency were in use from the 7th century. The value of some coins fluctuated, particularly in the reigns of James I of England, James I and Charles I of England, Charles I. The value of a guinea fluctuated between 20 and 30 shillings before be ...
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Pound Sign
The pound sign () is the currency symbol, symbol for the pound unit of account, unit of Pound sterling, sterling – the currency of the United Kingdom and its associated Crown Dependencies and British Overseas Territories and previously of Kingdom of Great Britain, Great Britain and of the Kingdom of England. The same symbol is used for other currencies called pound (currency), pound, such as the Egyptian pound, Egyptian and Syrian pound, Syrian pounds. The sign may be drawn with one or two bars depending on personal preference, but the Bank of England has used the one-bar style exclusively on banknotes since 1975. In the United States, "pound sign" refers to the symbol (number sign). In Canada, "pound sign" can mean or . Origin The symbol derives from the upper case Latin letter , representing ''libra pondo'', the basic unit of weight in the Roman Empire, which in turn is derived from the Latin word ''libra'', meaning Weighing scale, scales or a balance. The pound became a ...
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English Three Farthing Coin
The silver three- farthing ( d) coin was introduced in Queen Elizabeth I's third and fourth coinages (1561–1582), as part of a plan to produce large quantities of coins of varying denominations and high metal content. It was worth shilling, or pound sterling. The obverse shows a left-facing bust of the queen, with a rose behind her and the legend E D G ROSA SINE SPINA – Elizabeth, by the grace of God a rose without a thorn – while the reverse shows the royal arms with the date above the arms and a mint mark at the beginning of the legend reading CIVITAS LONDON – City of London The City of London, also known as ''the City'', is a Ceremonial counties of England, ceremonial county and Districts of England, local government district with City status in the United Kingdom, city status in England. It is the Old town, his ..., the Tower Mint. The three-farthings coin closely resembles the three-halfpence coin, differing only in the diameter, which is for an unclipp ...
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Economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophy, philosophical theory, theories to the focused study of minutiae within specific Market (economics), markets, macroeconomics, macroeconomic analysis, microeconomics, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, Computational economics, economics computational models, financial economics, regulatory impact analysis and mathematical economics. Professions Economists work in many fields including academia, government and in the private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They ...
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Joseph Hume
Joseph Hume Fellow of the Royal Society, FRS (22 January 1777 – 20 February 1855) was a Scottish surgeon and Radicals (UK), Radical Member of Parliament (United Kingdom), MP.Ronald K. Huch, Paul R. Ziegler 1985 Joseph Hume, the People's M.P.: DIANE Publishing. Early life He was born the son of a shipmaster James Hume in Montrose, Angus, who died shortly after he was born. He attended Montrose Academy, where he knew the older James Mill; and from 1790 was apprenticed to a local surgeon-apothecary, John Bale. Medical career Hume studied medicine at the University of Aberdeen and then the University of Edinburgh. He had as patron David Scott (of Dunninald), David Scott MP. Before he qualified, he saw wartime service as surgeon-mate on the hoy HMS Hawke (1794), HMS ''Hawke''; and then was on the East Indiaman Hope (1797 EIC ship), ''Hope'' for 18 months. In 1799 Hume sailed to India, nominated to the Bengal service by Jacob Bosanquet of the British East India Company. He wor ...
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Groat (coin)
The groat is the traditional name of a defunct English and Irish silver coin worth four pence, and also a Scottish coin which was originally worth fourpence, with later issues being valued at eightpence and one shilling. Name The name has also been applied to any thick or large coin, such as the ''Groschen'' (''grosso''), a silver coin issued by Tyrol in 1271 and Venice in the 13th century, which was the first of this general size to circulate in the Holy Roman Empire and other parts of Europe. The immediate ancestor to the groat was the French '' gros tournois'' or groat of Tours, which was known as the ''groot'' (Dutch for "great" or "large") in the Netherlands. The name also refers to a range of other European coins such as those of the Italian peninsula known as a ''grosso'' including the grosso of Venice and the Kraków grosz in Poland. Marco Polo referred to the groat in recounts of his travels to East Asia when describing the currencies of the Yuan Empire. His de ...
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Keep The Aspidistra Flying
''Keep the Aspidistra Flying'', first published in 1936, is a socially critical novel by George Orwell set in 1930s London. The main theme is Gordon Comstock's romantic ambition to defy worship of the money-god and status, and the dismal life that results. Background Orwell wrote the book in 1934 and 1935 while he was living at various locations near Hampstead in London, and drew on his experiences in these and the preceding few years. At the beginning of 1928 he lived in lodgings in Portobello Road from where he started his tramping expeditions, sleeping rough and roaming the poorer parts of London. At this time he wrote a fragment of a play in which the protagonist Stone needs money for a life-saving operation for his child. Stone would prefer to prostitute his wife rather than prostitute his artistic integrity by writing advertising copy. Orwell's early writings appeared in ''The Adelphi'', a left-wing literary journal edited by Sir Richard Rees, a wealthy and idealisti ...
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George Orwell
Eric Arthur Blair (25 June 1903 – 21 January 1950) was an English novelist, poet, essayist, journalist, and critic who wrote under the pen name of George Orwell. His work is characterised by lucid prose, social criticism, opposition to all totalitarianism (both authoritarian communism and fascism), and support of democratic socialism. Orwell is best known for his allegorical novella ''Animal Farm'' (1945) and the Utopian and dystopian fiction, dystopian novel ''Nineteen Eighty-Four'' (1949), although his works also encompass literary criticism, poetry, fiction and polemical journalism. His non-fiction works, including ''The Road to Wigan Pier'' (1937), documenting his experience of working-class life in the industrial north of England, and ''Homage to Catalonia'' (1938), an account of his experiences soldiering for the Republican faction (Spanish Civil War), Republican faction of the Spanish Civil War (1936–1939), are as critically respected as George Orwell bibliograph ...
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Threepence (British Coin)
The British threepence piece, usually simply known as a threepence, ''thruppence'', or ''thruppenny bit'', was a denomination of sterling coinage worth of one pound or of one shilling. It was used in the United Kingdom, and earlier in Great Britain and England. Similar denominations were later used throughout the British Empire and Commonwealth countries, notably in Australia, New Zealand and South Africa. The sum of three pence was pronounced variously , or , reflecting different pronunciations in the various regions of the United Kingdom. The coin was often referred to in conversation as a , or bit. Before Decimal Day in 1971, sterling used the Carolingian monetary system, under which the largest unit was a pound divided into 20 shillings, each of 12 pence. The brass threepence coin was withdrawn in 1971 due to decimalisation and replaced by the decimal new penny, with 2.4''d'' being worth 1p. Early threepences The three-pence (3d) coin first appeared in Eng ...
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Twopence (British Pre-decimal Coin)
The Kingdom of Great Britain, British twopence (2''d'') ( or ) coin was a denomination of Coins of the pound sterling, sterling coinage worth two penny (British pre-decimal coin), pennies or of a pound sterling, pound. It was a short-lived denomination in copper, being minted only in 1797 by Matthew Boulton's Soho Mint. These coins were made legal tender for amounts of up to one Shilling (British coin), shilling by a proclamation of 26 July 1797. Short-lived twopence coins in silver were also minted in 1817, 1818 and 1820. Twopence coins were made redundant in 1860 with the advent of bronze coinage. The twopence was the largest and heaviest copper coin to circulate across Britain, and second largest and heaviest coin in British circulation after emergency money issued locally under Charles I of England, Charles I. History The minting of silver pennies for general circulation was halted by the British government in 1660, because the cost of silver had risen too high. By the l ...
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Half Groat
One half is the multiplicative inverse of 2. It is an irreducible fraction with a numerator of 1 and a denominator of 2. It often appears in mathematical equations, recipes and measurements. As a word One half is one of the few fractions which are commonly expressed in natural languages by suppletion rather than regular derivation. In English, for example, compare the compound "one half" with other regular formations like "one-sixth". A ''half'' can also be said to be one part of something divided into two equal parts. It is acceptable to write one half as a hyphenated word, ''one-half''. Mathematics One half is the rational number that lies midway between 0 and 1 on the number line. Multiplication by one half is equivalent to division by two, or "halving"; conversely, division by one half is equivalent to multiplication by two, or "doubling". A number raised to the power of one half is equal to its square root. The area of a triangle is one half its base and ...
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