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quid1

[kwid] /kwɪd/
noun
1.
a portion of something, especially tobacco, that is to be chewed but not swallowed.
Origin
1720-1730
1720-30; dialectal variant of cud

quid2

[kwid] /kwɪd/
noun, plural quid.
1.
British Informal. one pound sterling.
Origin
1680-90; origin uncertain
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for quids'

quid1

/kwɪd/
noun
1.
a piece of tobacco, suitable for chewing
Word Origin
Old English cwidu chewing resin; related to Old High German quiti glue, Old Norse kvātha resin; see cud

quid2

/kwɪd/
noun (pl) quid
1.
(Brit, slang) one pound sterling
2.
(Brit, slang) quids in, in a very favourable or advantageous position
3.
(Austral & NZ, slang) not the full quid, mentally subnormal
Word Origin
C17: of obscure origin
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for quids'

quid

n.

"bite-sized piece" (of tobacco, etc.), 1727, dialectal variant of Middle English cudde, from Old English cudu, cwidu (see cud).

"one pound sterling," 1680s, British slang, possibly from quid "that which is, essence," (c.1600, see quiddity), as used in quid pro quo (q.v.), or directly from Latin quid "what, something, anything." Cf. French quibus, noted in Barrêre's dictionary of French argot (1889) for "money, cash," said to be short for quibus fiunt omnia.

Online Etymology Dictionary, © 2010 Douglas Harper
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15
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