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From ARRSEpedia

Shrapnel is commonly used as a term for any shell or hand grenade fragments, although as any Gunner will tell you (until you are so bored you'll eat your own arse), shrapnel only really should be used when describing the musket balls contained within Captain Harry Shrapnel's Patent Shell.

Also a slang term for a pocketfull of loose change.

Or Quality Street time, everyone gets a litle bit!