peso
/ˈpeɪsəʊ/
peso
English
Noun Top 36,063
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Definition
A former unit of currency in Spain and Spain's colonies, worth 8 reales; the Spanish dollar.
Etymology
Borrowed from Spanish peso.
Example Sentences
- "The value of the peso has plummeted 858% against the US dollar over the past five years as the central bank printed more of the currency to help the country’s spendthrift government avoid defaulting on its debts. […] To dollarize its economy, Argentina would need to exchange all pesos held by its people and businesses for US dollars, and assign a dollar value to all of its assets and contracts."
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