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lobster

What does lobster mean?

Australian slang for the red $20 banknote.

"That'll be a lobster and a bit of shrapnel."

Origin

From the red color of the Australian $20 note; also 'lobbo.'

Frequently asked questions

What is a 'lobster' in Australian money slang?
It's the Australian twenty-dollar note, nicknamed for its red colour.
Why is a $20 note called a lobster?
The Australian $20 banknote is red, matching the colour of a cooked lobster.
Is there another name for it?
Yes, it's also called a 'lobbo.'
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Slang definitions: FreeDict original editorial.