peseta
Americannoun
-
a bronze coin and monetary unit of Spain and Andorra until the euro was adopted, equal to 100 centimos. P., Pta.
-
a former silver coin of Spain and Spanish America, equal to two reals; pistareen.
-
a former monetary unit of Equatorial Guinea: replaced by the ekuele in 1973.
noun
Other Word Forms
Etymology
Origin of peseta
1805–15; < Spanish, diminutive of pesa a weight. See peso
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The Soviet Union, more cannily, traded arms, planes, and tanks for Spain’s sizable gold reserves, the transfer of which crashed the value of the peseta.
From The New Yorker • Apr. 18, 2016
Once the peseta disappeared, this escape valve was gone and the economy began losing competitiveness in its main European markets.
From New York Times • Jul. 1, 2010
Pressure is mounting for a devaluation of the peseta, which would mean higher prices for imported raw materials and thus more inflation.
From Time Magazine Archive
I think that the way the peseta has been holding its own in relation to other European currencies is reassuring.
From Time Magazine Archive
Grahame asked, for he knew that a peseta, which is equal to about twenty cents, will not buy much of the coarse maize-flour the Canary peasants live upon.
From The Coast of Adventure by Bindloss, Harold
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
