plural pesos
1
: an old silver coin of Spain and Spanish America equal to eight reales
2
: the basic monetary unit of Argentina, Chile, Colombia, Cuba, Dominican Republic, Mexico, Philippines, and Uruguay see Money Table
Examples of peso in a Sentence
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But the overvaluation of the peso under President Fernando De La Rúa destroyed the competitiveness of Argentina’s exports, plunging the country into a recession that culminated in a sovereign debt default in 2001.
—
María Victoria Murillo, Foreign Affairs, 7 Nov. 2025
Milei has repeatedly wielded a chainsaw on stage to promote slashing spending, but his agenda, which also includes deregulation and free-market reform, has led to a volatile peso currency and seen investors aggressively dump Argentine stocks and bonds.
—Kinsey Crowley, USA Today, 3 Nov. 2025
The peso had wobbled in recent days after a regional election spurred fears Milei would underperform in the midterm vote, prompting a $20 billion bailout promise from the US, which sees him as an ally.
—Jeronimo Gonzalez, semafor.com, 28 Oct. 2025
The result came after Milei’s party suffered a landslide defeat to the Peronist opposition in a September local vote in the Buenos Aires province, an outcome that sparked a selloff of the peso amid investor fears over the president’s standing with voters.
—Jason Ma, Fortune, 27 Oct. 2025
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María Victoria Murillo, Foreign Affairs, 7 Nov. 2025
Milei has repeatedly wielded a chainsaw on stage to promote slashing spending, but his agenda, which also includes deregulation and free-market reform, has led to a volatile peso currency and seen investors aggressively dump Argentine stocks and bonds.
—Kinsey Crowley, USA Today, 3 Nov. 2025
The peso had wobbled in recent days after a regional election spurred fears Milei would underperform in the midterm vote, prompting a $20 billion bailout promise from the US, which sees him as an ally.
—Jeronimo Gonzalez, semafor.com, 28 Oct. 2025
The result came after Milei’s party suffered a landslide defeat to the Peronist opposition in a September local vote in the Buenos Aires province, an outcome that sparked a selloff of the peso amid investor fears over the president’s standing with voters.
—Jason Ma, Fortune, 27 Oct. 2025
See All Example Sentences for peso
Cite this Entry
“Peso.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/peso. Accessed 15 Nov. 2025.
Copy CitationKids Definition
peso
noun
pe·so
ˈpā-sō 
plural pesos
1
: an old silver coin of Spain or Spanish America
2
a
: the basic unit of money of Argentina, Chile, Colombia, Cuba, Dominican Republic, Mexico, Philippines, and Uruguay
b
: a coin or bill representing one peso
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