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/ˈpeɪ.soʊ/
Meaning & Definition
noun
The basic monetary unit of several Latin American countries and the Philippines.
I exchanged my dollars for pesos at the currency exchange.
The name of the currency in various countries, including Mexico and Argentina.
The cost of living in Mexico can vary widely, depending on whether you are using pesos or dollars.
A coin or banknote of this currency.
She found an old peso in her pocket while cleaning her jacket.
Etymology
Spanish 'peso', meaning 'weight'.
Common Phrases and Expressions
peso exchange:
The process of converting one currency into pesos.
peso depreciation:
A decrease in the value of the peso against other currencies.
Related Words
Slang Meanings
Bucks
I saved some bucks this week to buy a new phone.
Cheddar
I need to make some cheddar before my trip.