A bob is an informal term for a shilling, a former unit of British currency.
The shilling was worth one-twentieth of a pound (£) or 12 pence (d). It was used in the United Kingdom until decimalization in 1971.
While the shilling is no longer in circulation, the term "bob" is still sometimes used colloquially, especially in the UK, to refer to a shilling or the equivalent of a shilling in modern currency.
For example, someone might say, "That'll be a couple of bob," meaning "That will be two shillings" or "That will be two shillings worth."
The term "bob" is believed to have originated from the Latin word "obulus," which was a small coin used in ancient Rome.
The shilling was a common unit of currency in the UK for centuries, and it was often used to pay for everyday goods and services.
The term "bob" is still used in some contexts today, such as in the phrase "not a bad bob's worth," which means "good value for money."
Examples:
- "I've got a couple of bob to spare."
- "He's asking a bob for that old book."
- "That's not a bad bob's worth."