£sd (pronounced, and sometimes written, L.s.d.) was the popular name for the pre-decimal currencies (sterling) used in the United Kingdom and in most of the British Empire. This abbreviation meant “pounds, shillings, and pence”, having originated from the Latin words “librae, solidi, denarii”. [1] Under this system, there were 12d (12 pence) in a shilling and 20s (20 shillings) in a pound, making 240d in a pound. The penny (1d) was (until 1960) further divided into four farthings.