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balboa

Line breaks: bal¦boa
Pronunciation: /balˈbəʊə
 
/

Definition of balboa in English:

noun

The basic monetary unit of Panama, equal to 100 centésimos.
Example sentences
  • The unit of currency is the balboa, which is pegged to the United States dollar.
  • The greenback also has parity with the Bermudan, Bahamian, and Liberian dollars, taking it into Africa, plus the Panamanian balboa.
  • Panama issues a domestic currency, the balboa (1 balboa = US $1), but it circulates only as coins.

Origin

named after Vasco Núñez de Balboa (see Balboa, Vasco Núñez de).

Definition of balboa in:

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