Per incuriam and Pound: Difference between pages

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''Law''.
1.
Latin phrase meaning, 'through the want of care'. A decision per incuriam is one which a subsequent court finds to be a mistake, and therefore not of binding precedent.
 
One unit of the UK pound sterling (GBP).
 
For most of the historical period up the early 19th century, it could - in theory - be exchanged for one pound (weight) of silver.
 
Thereafter the pound was generally backed by gold (the 'gold standard').
 
Since 1931, the pound sterling has been a fiat currency.
 
 
 
2.  
 
A pound is also one unit of a number of other currencies including those of Egypt (EGP), Lebanon (LBP), Sudan (SDG) and Syria (SYP).
 


== See also ==
== See also ==
* [[Court]]
* [[Egypt]]
* [[Judicial precedent]]
* [[Fiat currency]]
* [[FKP]]
* [[GBP]]
* [[GIP]]
* [[Gold standard]]
* [[Libra]]
* [[Lira]]
* [[SHP]]
* [[SSP]]
* [[Sterling]]
* [[United Kingdom]]


[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 15:14, 11 December 2019

1.

One unit of the UK pound sterling (GBP).

For most of the historical period up the early 19th century, it could - in theory - be exchanged for one pound (weight) of silver.

Thereafter the pound was generally backed by gold (the 'gold standard').

Since 1931, the pound sterling has been a fiat currency.


2.

A pound is also one unit of a number of other currencies including those of Egypt (EGP), Lebanon (LBP), Sudan (SDG) and Syria (SYP).


See also