The Mudcat Café TM
Thread #149754   Message #3486251
Posted By: r.padgett
04-Mar-13 - 12:00 PM
Thread Name: BS: Why is the British pound called a quid?
Subject: RE: BS: Why is the British pound called a quid?
Quid pro Quo in Law some thing equal in value

So presumably £1 note is to be accepted as the same value in its counter part in gold or whatever it is measured against, as it says on the note (now coin)

Ray