How Do You Spell POUND SCOTS?

1. Pound Scots, also known as the Scottish pound or Scots pound, refers to the currency unit that was used in Scotland before the adoption of the United Kingdom's pound sterling. It served as the official currency of Scotland from the 12th century until 1707, when the Kingdom of Scotland formally unified with the Kingdom of England to form the Kingdom of Great Britain.

   The pound Scots initially emerged as a physical unit of weight, consisting of silver coins weighing one pound. However, over time, it transitioned into a coin-based monetary system widely recognized and accepted within Scotland. It was frequently used in trade and commerce, as well as for everyday transactions within the country.

   The value of the pound Scots was subject to fluctuations due to factors such as inflation and economic changes. Its value was not fixed relative to other currencies, and it was often evaluated based on the value of silver it contained or its equivalence to other coins circulating in neighboring countries.

   Due to the Act of Union in 1707, Scotland merged its political and economic institutions with England, merging the currencies as well. Consequently, the pound sterling, which was already in use in England, became the official currency of both countries. Thus, the pound Scots ceased to be independently minted and circulated.

   Today, the pound Scots exists primarily as a historical term, with its usage limited to studies of Scottish economic history and numismatics.

2. An anc. coin or unit of money of scotland, equal in value to 20d. sterling.

   Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.

Common Misspellings for POUND SCOTS

The etymology of the word "pound Scots" can be traced back to the currency of Scotland. "Pound" refers to a unit of currency used in various countries, including Scotland. The term "Scots" specifies that it pertains to the currency used specifically in Scotland.

The pound Scots was the currency of the Kingdom of Scotland and was in circulation from the 12th century until 1707, when the Kingdom of Scotland merged with the Kingdom of England to form Great Britain. It was a distinct currency from the English pound. The term "Scots" is derived from the Old English word "Scoet", which referred to the people of Scotland.

The pound Scots was eventually replaced by the British pound after the Union of the Parliaments in 1707, but it holds historical significance in Scotland's economic history.