- sterling ster‧ling [ˈstɜːlɪŋ ǁ ˈstɜːr-] noun [uncountable] FINANCEthe system of money in Britain, based on the pound:
• Sterling was trading at $1.6490, up from $1.6470.
• His salary is paid in pounds sterling.
* * *Ⅰ.sterling UK US /ˈstɜːlɪŋ/ noun [U] MONEY, ECONOMICS► the British system of currency, based on the pound: sterling rises/falls »
Sterling rose against the dollar to $1.5522.in sterling »
Our prices are in sterling.»
You can pay in pounds sterling or in US dollars.Ⅱ.sterling UK US /ˈstɜːlɪŋ/ adjective► used to describe a metal, especially silver, that has a particular high level of purity (= measure of how pure it is): »
Offers include a 124-piece set of sterling silver cutlery at €4,495.► of a very high standard: »
The lowest rates and best deals go to customers with sterling credit.»
There have been sterling performances by some hedge fund managers.
Financial and business terms. 2012.