A synonym for pounds. When read, you read it as pounds. Originated from the Zodiac Sign, Libra, which is a balance, or scale. That referred to weight, so people decided to substitute it for pounds.
24 lbs.=24 pounds
Some points to make the sense more clear about LBS:
1.lbs= pounds ,it's an abbreviation for pounds.
2.One kilogram is 2.204623 pounds. (1 kg = 2.204623 lb)
3.one kg=2.204 ibs