escudo
pronunciation
How to pronounce escudo in British English: UK [eˈsku:dəʊ]
How to pronounce escudo in American English: US [eˈskudoʊ]
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- Noun:
- formerly the basic monetary unit of Portugal; equal to 100 centavo
- the basic unit of money on Cape Verde; equal to 100 centavos
Word Origin
- escudo (n.)
- Spanish and Portuguese coin, 1821, from Spanish/Portuguese escudo, from Latin scutum "shield" (see escutcheon). Also compare ecu.
Example
- 1. This created a semi-captive customer base for escudo bonds so portugal 's government could fund itself .
- 2. The greek drachma , the irish punt , the portuguese escudo , the spanish peseta , the italian lira and , maybe , the french franc would have devalued against the deutschmark .
- 3. If it still had the escudo , portugal may have had better options to deal with its debt problems .