MONEY SYMBOLS
L.S.D. USED BY ENGLISH TAKEN FROM THE LATIN A question that has been asked by American travellers on Auckland trams is: "What does this 3d mean on the ticket?" J3eing accustomed to the cent., the.v find it difficult to understand, why our money should be signified by a "d." The "d" is tke lirst letter of the Latin word "'denarius," the name given to a coin struck in Europe about, the year 735, which Avas taken as a model when the penny, one of the oldest of English coins, was introduced. Although the name penny has been retained the "d" has still managed to survive. Similarly, the £ sign is derived from the old Roman word "libra," meaning a money pound and the "s" for shilling is derived from the Roman word ".solidus," Avhicli signified one-twen-tieth of a pound weight in old English times.
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https://paperspast.natlib.govt.nz/newspapers/BPB19430108.2.13
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Bay of Plenty Beacon, Volume 6, Issue 37, 8 January 1943, Page 4
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145MONEY SYMBOLS Bay of Plenty Beacon, Volume 6, Issue 37, 8 January 1943, Page 4
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