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1. a monetary unit of Argentina, Bolivia, Brazil, Cape Verde, Chile, Colombia, Cuba, the Dominican Republic, Guatemala, Guinea-Bissau, Honduras, Mexico, Mozambique, Nicaragua, and the Philippines. It is worth one hundredth of their respective standard units
2. a former monetary unit of Ecuador, El Salvador, and Portugal, worth one hundredth of their former standard units.
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.



the fractional monetary unit of a number of Latin-American countries, including Argentina, Bolivia, Brazil, Colombia, Cuba, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, and Peru, as well as Portugal and the Philippines. The centavo is equal to 1/100 of the basic national monetary unit.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
The amount is 7.33 centavos per kWh higher than the current FiT-All rate of 18.30 centavos per kWh.
This means that goods and services worth R100 in March only costs 82 centavos in 2012, Perante said.
Ductec ha facturado a los consumidores chilenos, mayormente pequenos poblados en el desierto, y a Codelco, a razon de 76 centavos por metro cubico desde que recibio la concesion en 1999.
The MWSS Board of Trustees yesterday approved the recommendation of the MWSS-Regulatory Office on Maynilad's petition for an increase of 11 centavos per cubic meter for the FCDA and another 90 centavos per cu.m.
The full impact of the new Tax Reform Inclusion and Acceleration (TRAIN) Act on electricity rates for the year will amount to 8 centavos per kilowatt-hour (kWh), an official of the Manila Electric Co.
Shell, Petron, Total and PTT Philippines have implemented an increase in their gasoline prices by 45 centavos per liter and diesel by 10 centavos per liter effective 6 a.m.