shekelPronunciation: /ˈʃɛk(ə)l/Definition of shekel noun the basic monetary unit of modern Israel, equal to 100 agorot. historical a silver coin and unit of weight used in ancient Israel and the Middle East. (shekels) informal money; wealth: thank you for saving me time, not to mention hard-won shekelsOrigin:from Hebrew šeqel, from šāqal 'weigh'shekel in other Oxford dictionaries Definition of shekel in the US English dictionary