Used Occasionally. sublimation is one of the 30000 most commonly used words in the Collins dictionary
monetary unit. one of the units of CURRENCY used in a country as the basis of payments and lending and borrowing transactions. The units of currency used in the UK, for example, are pounds and pence, while in the USA they are the dollar and cent.
The monetary unit of the United Kingdom is the pound sterling. Its par value was fixed in 1870 at 113.001 grains of fine gold, until the United Kingdom left the gold standard in 1931. The pound sterling is designated by the sign . Originally the term meant an actual pound of silver, from which 20 shillings were coined. The gold sovereign worth one pound is no longer issued. Since 1971 the pound sterling is divided decimally into 100 new pence.