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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.


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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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

On top of that, governments were forced to devalue the Spanish peseta, the Portuguese escudo and the Brazilian real.

From Time Magazine Archive

Our devaluation of the peseta and the increase in gasoline prices are examples.

From Time Magazine Archive

He could make any terms that suited, from one peseta and a half a day.

From The Fortunate Isles Life and Travel in Majorca, Minorca and Iviza by Boyd, Mary Stuart