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To counterfeit means to imitate something authentic, with the intent to steal, destroy, or replace the original, for use in illegal transactions, or otherwise to deceive individuals into believing that the fake is of equal or greater value than the real thing. Counterfeit products are fakes or unauthorized replicas of the real product. Counterfeit products are often produced withContinue reading “counterfeit”

The pound sterling is the national currency of Great Britain; it is also used on the territory of several former colonies that used to be part of the British empire. In terms of value, this currency is the most expensive in the world today; its rate has been stable for many years. The British poundContinue reading “Pound Sterling Currency”

British 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 later troy pound.Continue reading “British Pound sterling”

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Counterfeit money is imitation currency produced without the legal sanction of the state or government usually in a deliberate attempt to imitate that currency and so as to deceive its recipient. Producing or using counterfeit money is a form of fraud or forgery. The business of counterfeiting money is almost as old as money itself: plated copies (known as Fourrées) have beenContinue reading “Counterfeit money”