Definition of "peso" []

• See Table at currency. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Majesty's name granted the merchants 'peso [_peso merchante_] on"
• "Which does not mean that the peso is going to increase in value in the near future."
• "Also according to the IMF research the peso is remarkably undervalued in comparison to the USD, they exstimate the exchange rate at PPP (purchase parity power) should be 7.6 instead of current 13.2, meaning living cost in Mexico is about 43% lower than in the USA."