Yes it does mean £25, but rarely used any more however the alternative is Meaning: Rubbish; nonsense, or 'of poor quality'. Often shortened just to 'pony'. Wh

Yes it does mean £25, but rarely used any more however the alternative is Meaning: Rubbish; nonsense, or 'of poor quality'. Often shortened just to 'pony'. What's the origin of the phrase 'Pony and trap'? This is Cockney rhyming slang - pony and trap -> crap.