Definition, Meaning & Synonyms
peso
noun
/’peɪ.soʊ/
Definition
The term ‘peso’ refers to the basic monetary unit of various Latin American countries and the Philippines.
Examples
- The price of the car is 20,000 pesos.
- When traveling in Argentina, it’s essential to be aware of the current peso exchange rate.
- He earned a good salary of 30,000 pesos a month.
Meaning
‘Peso’ is derived from the Spanish word for ‘weight,’ originally used to denote a weight of a precious metal, which evolved into a currency term.
Synonyms
- currency
- money
- cash