shilling (n.) Look up shilling at Dictionary.com
Old English scilling, a coin consisting of a varying number of pence (on the continent, a common scale was 12 pennies to a shilling, 20 shillings to a pound), from Proto-Germanic *skillingoz- (cf. Old Saxon, Danish, Swedish, Old Frisian, Old High German skilling, Old Norse skillingr, Dutch schelling, German Schilling, Gothic skilliggs), which some etymologists trace to the root *skell- "to resound, to ring," and others to the root *skel- "to split, to divide" (perhaps via sense of "shield;" see shield). The ending may represent the diminutive suffix -ling. Old Church Slavonic skulezi, Spanish escalin, French schelling, Italian scellino are loan-words from Germanic.