Definition of lira in English:
noun (plural lire /ˈlɪərə, ˈlɪəreɪ, ˈlɪəri/)
1(Until the introduction of the euro in 2002) the basic monetary unit of Italy, notionally equal to 100 centesimos.
- When the euro went into Italy, the lira suddenly became unpopular with young people.
- Perhaps Maroni wants to go back to the lira so that Italy can de-value it.
- Mussolini believed that a weak lira looked bad for Italy when he was trying to create the image of a super-power in Europe.
2The basic monetary unit of Turkey, equal to 100 kurus.
- Since Turkey plunged into a deep economic crisis in February the lira has plummeted around 60 percent against the dollar.
- Turkey gave up its defence of the lira last week, leaving the currency to drop by a third in just two days and leaving 65 million Turks facing serious inflationary problems and sharply reduced spending power.
- The bill from the hotel came to 1644 Turkish lira followed by six noughts.
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