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What does 5 quid mean in slang?

Published in British Currency Slang 2 mins read

In British slang, '5 quid' directly translates to five pounds sterling (£5).

Understanding "Quid"

"Quid" is a widely recognized and frequently used informal term in the United Kingdom for the British currency, the pound sterling (£). It serves as a popular slang substitute for "pound" and is often used in everyday conversations. Much like "buck" for a dollar in American English, "quid" is deeply embedded in the daily vocabulary of many Britons.

  • Definition: One "quid" is equivalent to one pound sterling (£1).
  • Usage: It's a common term you'll hear in various casual settings, from shopping to discussing prices with friends. For instance, if someone says, "The concert ticket cost me fifty quid," they mean the ticket cost £50.

Breaking Down "5 Quid"

When you hear "5 quid," it simply means an amount of five pounds sterling (£5). The number preceding "quid" indicates the quantity of pounds.

Slang Term Equivalent in Pounds Sterling (£)
A quid £1
Two quid £2
Five quid £5
Ten quid £10
A hundred quid £100

Context and Practical Usage

"Quid" is versatile and can be used in almost any context where you would refer to money in pounds, particularly in informal situations. It conveys a sense of casualness and familiarity.

Examples of "5 Quid" in Use:

  • "Can you lend me 5 quid until payday?" (Meaning: Can you lend me £5?)
  • "That new gadget only cost me 5 quid during the sale!" (Meaning: The gadget cost £5.)
  • "I need to grab 5 quid from the ATM for my lunch." (Meaning: I need £5 for my lunch.)
  • "The beer was quite expensive here; it cost me five quid for a pint." (Meaning: The pint cost £5.)

The term "quid" is singular and plural, meaning you say "one quid" and "five quid"—you do not add an 's' for plural, unlike "pounds." This reflects its nature as a colloquial and fixed expression. Its widespread use underscores its integration into the fabric of British informal language regarding currency.