Definition

milesimos

noun
  1. plural of milesimo; one-thousandth part of a unit, especially a monetary unit in some Spanish-speaking countries
  2. Usage: Spanish/Latin American currency context; historical or regional usage

Examples

  • The old currency was divided into milesimos for smaller transactions.
  • Historical records show that milesimos were used in colonial Spanish American commerce.
  • The exchange rate was calculated down to the milesimos.
  • Merchants kept careful accounts in milesimos and larger denominations.

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