WebThe terms Britain and Great Britain are, as we said above, synonymous geographical terms referring to the largest of the islands in the British Isles. But Britain and Great Britain are also used to refer to the United Kingdom of Great Britain and Northern Ireland aka the United Kingdom aka the UK. If this seems somehow unfair to the outsider ... WebBritish Pound sterling, the basic monetary unit of Great Britain, divided (since 1971) decimally into 100 new pence. The term is derived from the fact that, about 775, silver coins known as “sterlings” were issued in the Saxon kingdoms, 240 of them being minted from a pound of silver, the weight of which was probably about equal to the ...

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