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prawn

What does prawn mean?

Australian slang for the pink $5 banknote.

"That'll be a prawn, thanks mate."

Origin

From the pink color of the Australian $5 note.

Frequently asked questions

What is a 'prawn' in money slang?
Australian slang for the pink $5 banknote.
Why is the Australian $5 note called a prawn?
Because of its pink colour, similar to a cooked prawn — it's also nicknamed 'shrimp' or 'pink lady.'
How do you use 'prawn' for money?
For example: 'That'll be a prawn, thanks mate' — meaning five dollars.
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Slang definitions: FreeDict original editorial.