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This is the unit of currency in Fourecks.

Annotation, possibly blindingly obvious

The term probably parodies 'quid', a slang term for British pound. The pound (£AUS) was the unit of currency in Australia until supplanted by the dollar ($AUS) in the 1950's.

But given Terry's fondness for bad jokes, it could be a reference to the old joke about sub-aquean currency, in which a shark repays a cash loan by handing over an unwell ink-squirting cephalopod, saying "here's the sick squid I owe you".