The Slang Podcast - Learn British English Now
2min2020 MAR 5
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You are listening to our fourth and final episode specialising on slang and money!Ok on to our next slang term for money… a pony. I can hear you asking me- Louisa why are we now talking about a baby horse? Spelt the same P-O-N-Y pony actually means 25 pounds.The word has been traced back from the late 18th century in London and has a vast range of suggestions for its etymology. By some it has been suggested that in the 18th century £25 was the typical price paid for a small horse, although historians have contested this is not accurate and far too much money.Others have suggested that an Indian twenty-five rupee banknote featured a pony, therefore this image was also connection to the cash amount. A final claim is that pony might derive from the Latin words 'legem pone', which means, 'payment of money, cash down' which begins on the March 25, a quarter day in the old financial calendar, when payments and debts came due.Our last slang term for money and again animal related we have...

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