A shilling was a unit of money that was used in Britain until 1971 which was the equivalent of 5p. There were twenty shillings in a pound. COBUILD Advanced English Dictionary.
Ollie [ol-lie] as a name for girls (also used more widely as boys' name Ollie) is a Latin name, and the meaning of the name Ollie is olive tree. Ollie is a version of Olivia (Latin). Associated with: olive (tree). Ollieâ¼ has 1 variant: Olia.
Notes: Oliver is a name with English origins. Contrary to popular belief, the meaning of Oliver is Elf Army. The name has nothing to do with olives or olive trees. It originates from the Germanic name Alfher composed of the elements alf (elf) and hari (army/warrior).The most common nickname for Oliver is Ollie.ontrary to popular belief, the meaning of Oliver is Elf Army. The name has nothing to do with olives or olive trees. It originates from the Germanic name Alfher composed of the elements alf (elf) and hari (army/warrior). The most common nickname for Oliver is Ollie.