Definition of peseta in English:

peseta

Line breaks: pe¦seta
Pronunciation: /pəˈseɪtə
 
/

noun

(Until the introduction of the euro in 2002) the basic monetary unit of Spain, equal to 100 centimos.
More example sentences
  • An international businessman might live in US dollars, but if the purpose of the account is to buy a house in Spain, his portfolio currency is actually pesetas.
  • When I go through my old lira, pesetas, francs and drachma, I am reminded of the true meaning of being ‘in the Navy,’ and seeing something unique outside the United States.
  • What is Spain without the peseta, France without the franc, what would America be without the dollar, even the old IR for the Irish pound had a characteristic all its own.

Origin

Spanish, diminutive of pesa 'weight', from Latin pensa 'things weighed', from the verb pendere 'weigh'.

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