from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The primary unit of currency in Spain and Andorra before the adoption of the euro.
from The Century Dictionary.
- noun A silver coin struck by Christian VII. of Denmark for Iceland, Greenland, and the Faroe Islands.
- noun A silver coin of modern Spain.
- noun It is equal to 19.3 United States cents, or 9½d. sterling. There is a gold coin of 20 pesetas and a silver coin of 5 pesetas.
- noun In Peru, the fifth part of the silver sol, equal to a French franc.
from the GNU version of the Collaborative International Dictionary of English.
- noun A Spanish silver coin, and money of account, equal to about nineteen cents, and divided into 100 centesimos.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun The former
currencyof Spainad Andorra, divided into 100 céntimos
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun formerly the basic unit of money in Spain; equal to 100 centimos
from The American Heritage® Dictionary of the English Language, 4th Edition
The purchasing value of the peseta was about fourpence. [back] 14.
A peseta is the legal unit of the currency, and is of the same value as the French franc and the Italian lira, or nineteen cents, three mills of our money, as estimated by the director of the
The peseta is called "peseta;" and the media peseta is known as "dies ay seis" (ten and six), or, simply, "seis"
With the usual perversity also, the common standard "peseta," in which small bargains are struck on the coast, was omitted, the nearest coin, the quarter-dollar, being nominally worth ptas.
Banks and investment funds in one euro-using country gorged on the bonds of others, freed of worry about devaluation-prone currencies like the drachma, lira, peseta and escudo.
He invested money, hired French chefs – gaining a first Michelin star – and never saw a peseta in return.
“No, she go early with …” And then the penny, the peseta, the euro … or whatever it was, dropped, and her eyes opened and her face flushed, and all of a sudden she was frightened.
When asked if the euro should be replaced or maintained, about three in five said to stick with the common currency rather than return to the peseta.
That is most certainly not the case of Spain, which would unquestionably have suffered terribly if we had still had the peseta.
The Irish punt and Italian lira would sink 25% against a new German mark, while the Spanish peseta would lose 50% and Greece's drachma, 80%.