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Definition of peso noun from the Oxford Advanced Learner's Dictionary

peso

noun
 
/ˈpeɪsəʊ/
 
/ˈpeɪsəʊ/
(plural pesos)
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  1. the unit of money in many Latin American countries and the Philippines
    Word OriginSpanish, literally ‘weight’, from Latin pensum ‘something weighed’, from the verb pendere ‘weigh’.
See peso in the Oxford Advanced American Dictionary
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