peseta

American  

[puh-sey-tuh, pe-se-tah] / pəˈseɪ tə, pɛˈsɛ tɑ /

noun

plural

pesetas

1. a bronze coin and monetary unit of Spain and Andorra until the euro was adopted, equal to 100 centimos. P., Pta.

2. a former silver coin of Spain and Spanish America, equal to two reals; pistareen.

3. a former monetary unit of Equatorial Guinea: replaced by the ekuele in 1973.

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peseta British  

/ peˈseta, pəˈseɪtə /

noun

1. the former standard monetary unit of Spain and Andorra, divided into 100 céntimos; replaced by the euro in 2002

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Etymology

Origin of peseta

1805–15; < Spanish, diminutive of pesa a weight. See peso

Example Sentences

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

Spain vowed: "Cuba shall remain Spanish though it takes the last man and the last peseta."

From Time Magazine Archive

Spain is also considering general devaluation of its weak peseta.

From Time Magazine Archive

I earn a little money by making cheeses; and in summer, when visitors now and then come to Murviedro, I take a trifle and put by a peseta for a rainy day.

From Glories of Spain by Wood, Charles W. (William)