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Tag: banco

Definitions tagged banco in the street dictionary.

Prestamista

A moneylender who charges interest. (In Panama, this term often implies an informal lender or loan shark operating outside the legal banking system).

My dad was a prestamista, but that job was very dangerous: I am going to have to go to a prestamista because the bank will not cough up anything.

Automatically translated from Spanish

Panamáby Rita.AP

Prestamista

A private citizen who lends money at interest, operating outside the banking system. (These informal lenders are common in neighborhoods where people cannot access bank credit, though the work is often associated with high risk and loan sharking.)

A: Did you know Ramon's dad is a prestamista? B: Yeah, he told me. But I think that job is really dangerous, right?

Automatically translated from Spanish

Panamáby Rita.AP

maquinita

The government practice of printing unbacked money to cover its budget deficit. (Refers to the central bank's printing press, which is famously associated with the hyperinflation of the late 1980s in Peru).

During Alan Garcia's first administration, the runaway inflation was partly due to the maquinita.

Automatically translated from Spanish

Perúby HUVE84

Corralito

A media term used to describe the freezing of bank accounts and restrictions on cash withdrawals (imposed by the government during the Argentine economic crisis of 2001).

My savings got trapped in the corralito.

Automatically translated from Spanish

Argentinaby DiegoEFE

vaucher

A receipt or proof of payment issued for a purchase, sale, or bank transaction. (In Venezuela, this term specifically refers to the printed slip of paper from a credit card terminal or an ATM.)

If you go shopping at a mall and pay with your card, they give you a vaucher or receipt for that purchase.

Automatically translated from Spanish

Venezuelaby Anónimo

Taburete

A rustic chair made of rough-hewn wood and rawhide or untanned leather (a traditional piece of furniture in rural Cuba).

My grandmother's taburete.

Automatically translated from Spanish

Cubaby Anónimo

Banco

A financial institution that only lends money to those who can prove they do not need it. In other cases, if you lend them money (by saving), they charge you, and if you borrow from them, they also charge you. (Baninter was a major Dominican Banco that collapsed in 2003 due to a massive fraud scandal.)

God forbid you put your money in Baninter.

Automatically translated from Spanish

República Dominicanaby Anónimo

Chinchilla

A pun on the words 'sin silla', meaning 'without a chair', used to describe a lack of seating (the headword is a city in Spain and also an animal).

Chinchilla. Absence of a place to sit.

Automatically translated from Spanish

Españaby erpivitokuru