Quid

💰 noun · Money
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Traditional Still common
Definition
Slang for a dollar, or money in general — inherited from the old British term for a pound.
Example Sentence
"Can you lend me a few quid until payday?"

Where "Quid" Comes From

"Quid" originally meant one pound sterling in British slang, a term with centuries of history behind it and an origin that's never been fully settled — theories range from Latin phrases to old expressions about the "wherewithal."

Australia inherited the word through its British colonial ties, and it survived the country's 1966 switch from pounds to dollars, loosening from a specific unit into a general stand-in for money.

ORIGIN STORY
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Word Type
Noun
Category
💰 Money
Origin
🇦🇺 Australian English
Usage
Informal / Spoken
Era
Traditional

How Aussies Actually Use It

Today "quid" just means money or dollars generally, most often heard in set phrases like "make a quid" (earn a living) or "a few quid" (a modest sum).

The phrase "not the full quid" is a separate, well-known Australian idiom meaning someone isn't quite right in the head — worth knowing so you don't mix it up with the money sense.

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