The half-noble (three shillings and four pence = 40 pence) and, two years later, the quarter-noble of one shilling and eight pence (20 pence) were also issued. These new coins were of the correct weight for the values assigned to them.
Both definitions of AFE refer to money a business or other organization spends, but that is where the similarity ends. An authorization for expenditure must be followed up by an actual cost accounting, as a project may come in under or over the authorized budget.
âHe is an educated, erudite man who came home and never let the country get to him.â âThe Clinton debate was, it turned out, an unusually erudite discussion.â âHe is erudite, he is intelligent, and he is totally wrong when he comes to interpreting this legislation.â âHe is one of the most erudite scholars of Islam in modern times.â