peso Definition
the basic monetary unit of several Latin American countries and the Philippines, equal to 100 centavos.
Using peso: Examples
Take a moment to familiarize yourself with how "peso" can be used in various situations through the following examples!
Example
I exchanged my dollars for pesos at the bank.
Example
The price of the item is 50 pesos.
Example
The peso has been fluctuating in value recently.
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Summary: peso in Brief
The term 'peso' [ˈpeɪsəʊ] refers to the basic monetary unit of several Latin American countries and the Philippines, equivalent to 100 centavos. It is used in daily transactions and its value can fluctuate.
