Centesimo (Noun)
Meaning
A fractional monetary unit of several countries: Panama and Italy and Uruguay and Chile.
Classification
Nouns denoting quantities and units of measure.
Examples
- In Panama, small items are bought with centesimos that have been accumulated from other purchases.
- Prior to adopting the euro, Italy divided the lira into smaller denominations called centesimos.
- Due to inflation over the years, some prices in Uruguay have jumped by several hundred centesimos.
- Chile removed the use of centesimos as a form of currency many years ago.
- Prior to the large-scale use of credit cards, travelers often lost or misplaced small items such as centesimos while abroad.