the pound
noun [ S ]
ukus( written abbreviation £) MONEY, ECONOMICS
the value of the currency used in Britain compared with the value of the curriencies used in other countries:
the strength/value of the pound
The dollar gained more than a cent against the pound.
in the pound
for each British pound counted:
The Chancellor wanted to cut the starting rate of income tax to 10p in the pound.
See also
the grey pound
the pink pound