Meaning & Definition of word "Lira"

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    Lira

    /ˈlɪə.rə/

    noun:

    • 1. The basic monetary unit of Italy prior to the adoption of the euro.
      • Example: I saved up a lot of lira during my trip to Italy before the euro was introduced.
    • 2. The former monetary unit of Turkey, used before the adoption of the new lira in 2005.
      • Example: The price was listed in old lira, which I found confusing as it had changed a few years ago.
    • 3. A type of banknote or coin that was part of the currency system in Italy and Turkey.
      • Example: Collectors are interested in the rare lira coins from the 19th century.

    Etymology

    From Italian lira, derived from the Latin libra.

    Common Phrases and Expressions

    lira exchange rate:

    The value of the lira compared to another currency.

    Turkish lira:

    The current currency used in Turkey.

    Related Words

    kuruş:

    Subunit of the Turkish lira.

    euro:

    Current currency of the Eurozone countries which replaced the lira in Italy.

    Slang Meanings of lira

    Meaning: Use of lira to refer to money in general.

    Example Sentence: I need to save up some lira for the trip.