Administered by the Community Associations Institute. The AMS designation is the second tier of the pyramid of professionalism for community association managers. It builds upon the CMCAâs fundamental knowledge with requirements for added education and verified experience in the field.
The use of the phrase pound sign to refer to this symbol is found from 1932 in U.S. usage. Before this time, and still outside the U.S., the term pound sign was used to refer to the pound currency symbol (Â£) or the pound weight symbol (lb). An alternative theory is that this name arose from the fact that character encodings used the same code for both the number sign and the British pound sign Â£.
The word 'pound' is short for 'pound weight' which was libra pondo in Latin. The libra part of the phrase meant both weight or balance scales. The Latin usage was shortened to libra, which naturally was abbreviated 'lb'. We adopted the pound part from pondo, yet kept the abbreviation for libra. There are different definitions for the mass of a pound, depending on the country. In the United States, the modern pound unit is defined to be 2.20462234 pounds per metric kilogram. There are 16 ounces in 1 pound.