Ask Difference

Quid vs. Shilling — What's the Difference?

By Tayyaba Rehman — Published on October 27, 2023
Quid is a slang term for the British pound sterling, while Shilling was a former monetary unit in the UK, equal to one-twentieth of a pound.
Quid vs. Shilling — What's the Difference?

Difference Between Quid and Shilling

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Key Differences

Quid and Shilling both have historical importance in the UK's monetary system. The term "Quid" is colloquially used in the UK to refer to the British pound sterling. On the other hand, the Shilling was a specific coin and monetary unit that was used in Britain until 1971.
Tayyaba Rehman
Oct 27, 2023
In terms of value, one quid is equivalent to one pound sterling. This is just a slang way of referring to the currency. The Shilling, before it was phased out, was worth one-twentieth of a pound. Thus, it would take 20 shillings to make a quid or pound sterling.
Tayyaba Rehman
Oct 27, 2023
The origins of the term "Quid" for the pound are somewhat debated, but it's deeply rooted in British vernacular. In contrast, the word "Shilling" comes from the Old English 'scilling', which has been used as a name for various coins for over a thousand years.
Tayyaba Rehman
Oct 27, 2023
The Shilling was replaced by the five pence coin in the UK when the country decimalized its currency in 1971. The Quid, as a slang term, remains in use today and is as relevant as ever when discussing British money.
Tayyaba Rehman
Oct 27, 2023
Usage of the two terms varies greatly today. While "Quid" is still commonly heard in everyday conversations in the UK, references to "Shilling" in a monetary context are more historical or nostalgic, as the coin no longer circulates.
Tayyaba Rehman
Oct 27, 2023
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Comparison Chart

Nature

Slang term
Historical coin and monetary unit
Tayyaba Rehman
Oct 27, 2023

Value

Equivalent to one pound sterling
One-twentieth of a pound
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Oct 27, 2023

Origins

Uncertain, British vernacular
Old English 'scilling'
Tayyaba Rehman
Oct 27, 2023

Current Usage

Commonly used
Historical, no longer in circulation
Tayyaba Rehman
Oct 27, 2023

Relevance

Refers to modern British currency
Refers to pre-1971 British currency
Tayyaba Rehman
Oct 27, 2023

Compare with Definitions

Quid

A slang term for the British pound sterling.
I paid ten quid for that sandwich.
Tayyaba Rehman
Oct 03, 2023

Shilling

An old British monetary unit.
My grandmother used to buy bread for a shilling.
Tayyaba Rehman
Oct 03, 2023

Quid

Informal reference to the British pound.
The shoes cost fifty quid.
Tayyaba Rehman
Oct 03, 2023

Shilling

Historical coin in the UK's monetary system.
Collectors seek the last minted shillings.
Tayyaba Rehman
Oct 03, 2023

Quid

The equivalent value of one pound in the UK.
I found a quid on the street.
Tayyaba Rehman
Oct 03, 2023

Shilling

Pre-decimal currency used before 1971.
The shilling was replaced by the five pence coin.
Tayyaba Rehman
Oct 03, 2023

Quid

Common vernacular in the UK for money.
He owes me twenty quid.
Tayyaba Rehman
Oct 03, 2023

Shilling

Derived from Old English 'scilling'.
The term shilling has been used for over a thousand years.
Tayyaba Rehman
Oct 03, 2023

Quid

A cut, as of chewing tobacco.
Tayyaba Rehman
Oct 01, 2023

Shilling

Abbr. s. A coin formerly used in the United Kingdom, worth one twentieth of a pound, 5 new pence, or 12 old pence prior to 1971.
Tayyaba Rehman
Oct 01, 2023

Quid

A pound sterling.
Tayyaba Rehman
Oct 01, 2023

Shilling

See Table at currency.
Tayyaba Rehman
Oct 01, 2023

Quid

The inherent nature of something.
Tayyaba Rehman
Oct 01, 2023

Shilling

(historical) A coin formerly used in the United Kingdom, Ireland, Malta, Australia, New Zealand and many other Commonwealth countries worth twelve old pence, or one twentieth of a pound sterling.
Tayyaba Rehman
Oct 01, 2023

Quid

A member of a section of the Democratic-Republican Party between 1805 and 1811, following John Randolph of Roanoke. (From tertium quid.)
Tayyaba Rehman
Oct 01, 2023

Shilling

The currency of Kenya, Somalia, Tanzania and Uganda.
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Oct 01, 2023

Quid

Paired with quo, in reference to the phrase this for that: something offered in exchange for something else.
Tayyaba Rehman
Oct 01, 2023

Shilling

A currency in the United States, differing in value between states.
Tayyaba Rehman
Oct 01, 2023

Quid

(historical) A sovereign or guinea, that is, a certain coin or amount of money.
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Oct 01, 2023

Shilling

The Spanish real, formerly having the value of one eighth of a dollar.
Tayyaba Rehman
Oct 01, 2023

Quid

Pound sterling usually only used with a whole number of pounds
Seven quid for a toastie#English!toastie? You're joking aren't you?!
Tayyaba Rehman
Oct 01, 2023

Shilling

Present participle of shill
Tayyaba Rehman
Oct 01, 2023

Quid

Various national currencies typically known by the name "pound"
Tayyaba Rehman
Oct 01, 2023

Shilling

A silver coin, and money of account, of Great Britain and its dependencies, equal to twelve pence, or the twentieth part of a pound, equivalent to about twenty-four cents of the United States currency.
Tayyaba Rehman
Oct 01, 2023

Quid

Euro
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Oct 01, 2023

Shilling

In the United States, a denomination of money, differing in value in different States. It is not now legally recognized.
Tayyaba Rehman
Oct 01, 2023

Quid

Dollar, dollars
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Oct 01, 2023

Shilling

The Spanish real, of the value of one eight of a dollar, or 12 cets; - formerly so called in New York and some other States. See Note under 2.
Tayyaba Rehman
Oct 01, 2023

Quid

A piece of material for chewing, especially chewing tobacco.
Tayyaba Rehman
Oct 01, 2023

Shilling

The basic unit of money in Uganda; equal to 100 cents
Tayyaba Rehman
Oct 01, 2023

Quid

The act of chewing such tobacco
Tayyaba Rehman
Oct 01, 2023

Shilling

The basic unit of money in Tanzania; equal to 100 cents
Tayyaba Rehman
Oct 01, 2023

Quid

To chew tobacco.
Tayyaba Rehman
Oct 01, 2023

Shilling

The basic unit of money in Somalia; equal to 100 cents
Tayyaba Rehman
Oct 01, 2023

Quid

(of a horse) To let food drop from the mouth whilst chewing.
Tayyaba Rehman
Oct 01, 2023

Shilling

The basic unit of money in Kenya; equal to 100 cents
Tayyaba Rehman
Oct 01, 2023

Quid

A portion suitable to be chewed; a cud; as, a quid of tobacco.
Tayyaba Rehman
Oct 01, 2023

Shilling

A former monetary unit in Great Britain
Tayyaba Rehman
Oct 01, 2023

Quid

An English coin, a sovereign.
They invited him to come to-morrow, . . . and bring half a quid with him.
Tayyaba Rehman
Oct 01, 2023

Shilling

An English coin worth one twentieth of a pound
Tayyaba Rehman
Oct 01, 2023

Quid

To drop from the mouth, as food when partially chewed; - said of horses.
Tayyaba Rehman
Oct 01, 2023

Shilling

Worth one-twentieth of a British pound.
Twenty shillings made up one pound.
Tayyaba Rehman
Oct 03, 2023

Quid

The basic unit of money in Great Britain; equal to 100 pence
Tayyaba Rehman
Oct 01, 2023

Quid

Something for something; that which a party receives (or is promised) in return for something he does or gives or promises
Tayyaba Rehman
Oct 01, 2023

Quid

A wad of something chewable as tobacco
Tayyaba Rehman
Oct 01, 2023

Quid

Colloquial expression for the currency in the UK.
Can you lend me a few quid?
Tayyaba Rehman
Oct 03, 2023

Common Curiosities

How many Shillings made up one Quid?

Twenty shillings made up one quid or pound sterling.
Tayyaba Rehman
Oct 27, 2023

Is "Quid" an official term for the British currency?

No, "Quid" is a colloquial or slang term, while "pound sterling" is the official term.
Tayyaba Rehman
Oct 27, 2023

What is a Quid?

Quid is a slang term for the British pound sterling.
Tayyaba Rehman
Oct 27, 2023

What is the origin of the term "Quid"?

The exact origin is debated, but it's deeply rooted in British vernacular.
Tayyaba Rehman
Oct 27, 2023

How does a Shilling relate to the British currency system?

A Shilling was a historical monetary unit in the UK, equivalent to one-twentieth of a pound.
Tayyaba Rehman
Oct 27, 2023

Do people in the UK still use the term "Shilling"?

Only in historical or nostalgic contexts, as it no longer refers to current currency.
Tayyaba Rehman
Oct 27, 2023

Is the Shilling still in use today?

No, the Shilling was phased out in 1971 and replaced by the five pence coin.
Tayyaba Rehman
Oct 27, 2023

How did the value of the Shilling compare to other coins?

Before 1971, the Shilling was worth 12 old pence or one-twentieth of a pound.
Tayyaba Rehman
Oct 27, 2023

When was the Shilling last used?

The Shilling was last used in 1971 when the UK decimalized its currency.
Tayyaba Rehman
Oct 27, 2023

Are Quid and Shilling terms used outside of the UK?

While "Quid" is primarily British, "Shilling" was also used in other countries, but values and contexts varied.
Tayyaba Rehman
Oct 27, 2023

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Author Spotlight

Written by
Tayyaba Rehman
Tayyaba Rehman is a distinguished writer, currently serving as a primary contributor to askdifference.com. As a researcher in semantics and etymology, Tayyaba's passion for the complexity of languages and their distinctions has found a perfect home on the platform. Tayyaba delves into the intricacies of language, distinguishing between commonly confused words and phrases, thereby providing clarity for readers worldwide.

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