shilling
nounAn English silver coin equal to twelve pence, or the twentieth part of a pound. The English shilling, or shilling sterling, is equivilent to nearly 22 cents, hundredths, money of the United States. Our ancestors introduced the name with the coin into this country, but by depreciation the value of the shilling shrunk in New England and Virginia one fourth, or to a fraction less than 17 cents, in New York to 12 1/2 cents, in Pennsylvania, New Jersey and Maryland to about 11 cents.