#1 quid n. [British pound, pound, British pound sterling, pound sterling] the basic unit of money in Great Britain and Northern Ireland; equal to 100 pence. wn #2 quid n. [quid pro quo] something for something; that which a party receives (or is promised) in return for something he does or gives or promises. wn #3 quid n. [chew, chaw, cud, plug, wad] a wad of something chewable as tobacco. wn