Definition, Meaning & Synonyms

peso

Noun
/ˈpeɪ.soʊ/
Definition
The peso is a unit of currency used in various countries, primarily in Latin America and the Philippines.
Examples
  • The price of the meal was 500 pesos.
  • After exchanging my dollars, I received 2,000 pesos.
  • The peso fluctuates in value against the dollar.
Meaning
The term ‘peso’ originates from the Spanish word for ‘weight’ and is used to describe the currency in several nations, symbolizing their economic value.
Synonyms
  • currency
  • cash
  • fiat