From Longman Dictionary of Contemporary Englishlblb British English, lb. American English (plural lb or lbs) TMthe written abbreviation of pound or pounds in weightFrom Longman Business Dictionarylb.lb. (plural lbs. or lb.) written abbreviation for POUND, a unit of weight equal to 0.454 kilogramsCoffee prices have fallen by around 25% per lb.Origin lb. (1300-1400) Latin libra “pound”