"5p per hour" is not an acronym so please amend your question.
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An acronym is a way of shortening a phrase so it is quicker to say or write, For Example: AKA is an acronym of 'Also Known As' and 'SCUBA' is an acronym of 'Self-Contained Underwater Breathing Apparatus'
Pelvic Inflammatory Disease
GMT=Greenwich Mean Time
is the meaning of which each letter of the wodr represent or mean