Sterling is the national currency and name of the United Kingdom.
Sterling is mainly issued by the Bank of England, but there are other issuers.
It is most commonly used to mean ¡ê.
The ISO 4217 currency code for the Pound is the Great Britain Pound (GBP).
In addition to the United Kingdom, the currency of the British Overseas Territories is also in pound sterling, which is fixed at 1:1.
Because Britain was the first industrialized country in the world and once dominated the international financial industry, sterling used to be the most widely used currency for business valuation and settlement.