Meaning

1 senses
  1. (UK, attributive, informal, uncountable)Designating something as low-quality or inferior.

Origin

From the name of the British pound shop chain Poundland, which is in turn from pound + -la

From the name of the British pound shop chain Poundland, which is in turn from pound + -land, named for its original policy, later relaxed, of pricing all items at £1.

Wiktionary, CC BY-SA 4.0 · source

Poundland — meaning, examples, forms, synonyms | Krumeto