SCHILLING Meaning of SCHILLING in English [ 'ʃɪlɪŋ ]■ noun (until the introduction of the euro in 2002) the basic monetary unit of Austria, equal to 100 groschen.Originfrom Ger. Schilling ; cf. shilling . Concise Oxford English vocab. Сжатый оксфордский словарь английского языка. 2004