Green’s Dictionary of Slang

elizabeth n.1

also lizzie
[the head of Queen Elizabeth II on notes and coins]

(UK black) money .

[UK]T. Thorne (ed.) ‘Drill Slang Glossary’ at Forensic Linguistic Databank 🌐 Elizabeth - money.
[UK]T. Thorne (ed.) ‘Drill Slang Glossary’ at Forensic Linguistic Databank 🌐 Lizzie - money, banknotes.