✍There are 100 pence in a pound. Sums of money are named as follows: 💷1pone penny (informal one p (/piː/) (OR a penny))
💷5pfive pence (informal five p)
💷£3.75three pounds seventy-five (pence) OR (more formal) three pounds and seventy-five pence
✍Some people now use the plural pence as a singular in informal speech; pound is sometimes used informally as a plural. 🔹That’s two pounds and one pence, please. 🔹It cost me eight pound fifty.
✍Singular forms are used in expressions like a five-pound note. However, pence is often used instead of penny (a five-pence stamp).
American money💵
✍There are 100 cents (¢) in a dollar ($). One-cent coins are called pennies; five-cent coins are nickels; ten-cent coins are dimes; a twenty-five cent coin is a quarter.
✍There are 100 pence in a pound. Sums of money are named as follows: 💷1pone penny (informal one p (/piː/) (OR a penny))
💷5pfive pence (informal five p)
💷£3.75three pounds seventy-five (pence) OR (more formal) three pounds and seventy-five pence
✍Some people now use the plural pence as a singular in informal speech; pound is sometimes used informally as a plural. 🔹That’s two pounds and one pence, please. 🔹It cost me eight pound fifty.
✍Singular forms are used in expressions like a five-pound note. However, pence is often used instead of penny (a five-pence stamp).
American money💵
✍There are 100 cents (¢) in a dollar ($). One-cent coins are called pennies; five-cent coins are nickels; ten-cent coins are dimes; a twenty-five cent coin is a quarter.
Telegram has no known backdoors and, even though it is come in for criticism for using proprietary encryption methods instead of open-source ones, those have yet to be compromised. While no messaging app can guarantee a 100% impermeable defense against determined attackers, Telegram is vulnerabilities are few and either theoretical or based on spoof files fooling users into actively enabling an attack.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
