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SaaS Tech

Monkey Seats

A Monkey Seat is an online service which costs around $500 per person per year.

In finance, a Monkey is British slang for 500 pounds sterling. The term monkey came from soldiers returning from India, where the 500 rupee note had a picture of a monkey on it. They used the term monkey for 500 rupees and on returning to England the saying was converted for sterling to mean £500.

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