Definition of lira in English:

lira

Line breaks: lira
Pronunciation: /ˈlɪərə
 
/

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.
More example sentences
  • 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.
More example sentences
  • 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.

Origin

Italian, from Provençal liura, from Latin libra 'pound'.

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