British slang for a pound sterling (money); also means a lump of chewing tobacco.
From Latin 'quid' meaning 'what.' British slang origin is uncertain but may relate to 'quid pro quo' (something for something). The tobacco meaning is older, from Latin 'quid' as a chewed substance.
British slang is packed with coded words—'quid,' 'bob,' 'fiver'—each referring to different amounts of money, creating an entire vocabulary that reflected social class and humor in the culture.
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