pound

/paʊnd/ noun [C] MONEY

Definition

› (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 noun from the Cambridge Business English Dictionary © Cambridge University Press)

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