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British English 1 min read Published January 2025 10 learners asked about this

What does "quid" mean?

"Quid" is British slang for pound sterling. Here's how it's used and some related money expressions.

What it means

British slang for a pound (£). One quid = £1. Five quid = £5. Unlike most currency slang, "quid" doesn't change in the plural - "five quid" not "five quids."

"Can you lend me a quid?"
"That'll cost about fifty quid."

Where it comes from

Origin is debated - possibly from Latin "quid pro quo," or from an Italian immigrant community in London. It's been in use since at least the 17th century.

Register

Casual. Used in everyday speech. Fine between colleagues; not in formal documents.

Frequently asked

What does "quid" mean?

British slang for a pound (£). One quid = £1. Five quid = £5. Unlike most currency slang, "quid" doesn't change in the plural - "five quid" not "five quids."

"Can you lend me a quid?"
"That'll cost about fifty quid."

Is "quid" formal or informal?

Casual. Used in everyday speech. Fine between colleagues; not in formal documents.

What's another way to say "quid"?

  • "Grand" = £1,000 (also used in American English)
  • "Ton" = £100 (informal, less common)
  • "Score" = £20 (informal)
  • "Fiver" = £5 note (because of the actual word on the note)
  • "Tenner" = £10 note

Why do native speakers say "quid"?

Origin is debated - possibly from Latin "quid pro quo," or from an Italian immigrant community in London. It's been in use since at least the 17th century.

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