Etymology
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peso (n.)

"Spanish coin, the Spanish dollar," also a coin in various Spanish-American nations,  1550s, from Spanish peso, literally "a weight," from Medieval Latin pensum, properly past participle of Latin pendere "to hang, cause to hang; weigh; pay" (from PIE root *(s)pen- "to draw, stretch, spin"). For the financial sense of the Latin verb, see pound (n.1).

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Definitions of peso

peso (n.)
the basic unit of money in Uruguay; equal to 100 centesimos;
Synonyms: Uruguayan peso
peso (n.)
the basic unit of money in the Philippines; equal to 100 centavos;
Synonyms: Philippine peso
peso (n.)
the basic unit of money in Mexico; equal to 100 centavos;
Synonyms: Mexican peso
peso (n.)
the basic unit of money in Guinea-Bissau; equal to 100 centavos;
Synonyms: Guinea-Bissau peso
peso (n.)
the basic unit of money in the Dominican Republic; equal to 100 centavos;
Synonyms: Dominican peso
peso (n.)
the basic unit of money in Cuba; equal to 100 centavos;
Synonyms: Cuban peso
peso (n.)
the basic unit of money in Colombia; equal to 100 centavos;
Synonyms: Colombian peso
peso (n.)
the basic unit of money in Chile; equal to 100 centesimos;
Synonyms: Chilean peso
From wordnet.princeton.edu