What Does 10 Bags Mean in Money?

What does 10 bags mean in money?
A tenbagger is an investment that appreciates in value 10 times its initial purchase price.
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In the realm of drug trafficking, the phrase “10 bags” is sometimes used to denote an amount of drugs that is valued at around $10,000. Depending on the content and quality, there may be different amounts of drugs in each bag, but the whole cost is what counts in this situation. The name comes from the fact that pharmaceuticals are sometimes sold wrapped in little plastic bags.

Let’s now discuss the further linked questions. Why is a monkey named 500? Soldiers who had just returned from India to Britain are thought to be the source of this phrase. The 500 rupee note had an image of a monkey on it, and the soldiers were paid with rupees. So the soldiers started calling 500 rupees “monkeys,” and soon the name entered British parlance for money. There are various words that are frequently used when referring to British slang for money. For instance, “bob” is slang for a shilling while “quid” is slang for a pound. Pence is also referred to as “P” or “pee”. Even now, people still use these words and frequently utilize them in everyday speech. Let’s talk about two thousand bucks last. Although this phrase is uncommon in the United States, it most likely refers to the sum of $2,000 there. The word “grand” is sometimes used colloquially to refer to $1,000. Consequently, $2,000 would be equal to $2,000.

In conclusion, a variety of circumstances employ a variety of words and phrases to allude to money. These phrases all have fascinating histories and definitions, whether it is 10 bags in the drug trade or a monkey in British slang. In order to successfully navigate a variety of social situations and conversations, it can be useful to be aware of the numerous slang phrases for money.

FAQ
You can also ask what does 100 mean in slang?

Slang for “100” is “honesty” or “telling the truth.” The expressions “keep it 100” and “I’m 100 with you” are two examples of its frequent use.