Pound sterling is the official currency of the United Kingdom. It is also known as the pound, GBP, or simply sterling. There are a few synonyms for pound sterling that may be used in different contexts. For example, quid is a slang term that refers to pound sterling. In some cases, the word cable may also be used as a synonym for pound sterling, especially in financial markets. Additionally, some people may refer to pound sterling using the symbol £ or the abbreviation GBP. Regardless of the terminology used, pound sterling remains one of the most widely accepted and widely used currencies in the world.