poundpoundpoundspoundedpoundingnoun1(symbol£) money that people use in Britain. There are 100 pence in a pound: The computer cost six hundred pounds.a ten-pound notea pound coin I spent £40 today.2(symbollb) a measure of weight (= 0.454 kilograms). There are 16 ounces in a pound: You need half a pound of flour.2lbs sugarcultureMany older people in Britain still use ounces, pounds and stones instead of grams and kilograms to measure weight. In the US, people use ounces and pounds, but not stones.