Peso
//ˈpɛso// noun
noun ·Uncommon ·College level
Definitions
Noun
- 1 A former unit of currency in Spain and Spain's colonies, worth 8 reales; the Spanish dollar. historical
- 2 the basic unit of money in Chile; equal to 100 centesimos wordnet
- 3 The circulating currency of various Spanish-speaking American countries (Argentina, Chile, Colombia, Cuba, the Dominican Republic, Mexico, and Uruguay) and the Philippines.
"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."
- 4 the basic unit of money in Colombia; equal to 100 centavos wordnet
- 5 the basic unit of money in Cuba; equal to 100 centavos wordnet
Show 5 more definitions
- 6 the basic unit of money in the Dominican Republic; equal to 100 centavos wordnet
- 7 the basic unit of money in Guinea-Bissau; equal to 100 centavos wordnet
- 8 the basic unit of money in Mexico; equal to 100 centavos wordnet
- 9 the basic unit of money in the Philippines; equal to 100 centavos wordnet
- 10 the basic unit of money in Uruguay; equal to 100 centesimos wordnet
Example
More examples"The peso is still undervalued and has room to appreciate."
Etymology
Borrowed from Spanish peso.
Related phrases
More for "peso"
Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.