pound Meaning in Cambridge Business English Dictionary
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Meaning of "pound" - Business English Dictionary

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pound

noun [C]
 
 
/paʊnd/ MONEY
( written abbreviation £) MONEY the standard unit of currency in the UK and some other countries: The group has assets of about 120 million pounds. The company has lost hundreds of thousands of pounds of investors' money. a ten-pound note
( written abbreviation lb) MEASURES a unit for measuring weight, equal to 16 ounces or 0.454 of a kilogram: September copper rose 0.85 cents to 135.30 cents a pound.
(Definition of pound from the Cambridge Business English Dictionary © Cambridge University Press)
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