Old Money
|
|
- Old money refers in the United Kingdom to the pre-decimal currency of pounds, shillings (or 'bob') and pence. It had abbreviation lsd. It also had guineas, crowns, sovereigns, (rare) gold sovereigns, halfpennies, and farthings. There were 240 pennies in one old pound, and 12 pennies in a shilling. See also: British coinage.
- Old Money can refer to any British imperial measurement.
- Old money refers to families who have been wealthy for several generations, as a term distinguishing them from the nouveau riche and parvenus.