Etymology
The word "centavo" comes from the Latin word "centum," which means "hundred." This term was originally used in medieval Spain to refer to a small coin worth one hundredth of a larger currency.
Meaning and Origin
In the Spanish-speaking world, "centavo" refers to a small coin or fractional currency unit. It is typically used as a subdivision of the larger monetary unit, such as the peso, euro, or dollar. The value of the centavo can vary depending on the country and monetary system.
For example:
In some countries, "centavo" may also be used to refer to a small amount of money in general, regardless of the currency. For instance, in Mexico, a "centavito" (diminutive of centavo) can be used to describe a very small amount of money, such as a few pesos.
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