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old money

noun

Meaning

  • Families that have been wealthy for generations or members of such families.

  • The monetary system used in the United Kingdom and Ireland before decimalisation in 1971 and consisting of pounds, shillings, pence and farthings.

  • The imperial system of measurement, as opposed to the metric system.

    "These scales say I weigh 72 kilograms; what's that in old money?"