cruzeiro
(krʊˈzɛərəʊ)
[Pg., lit. ‘a small cross’.]
The principal monetary unit of Brazil, which superseded the milreis in 1942, = 100 centavos; also, a coin representing this.
| [1927 Glasgow Herald 30 Aug. 12 A decree of financial reform was promulgated providing for the stabilisation of exchange on the basis of a new monetary unit to be called the ‘cruzeir’.] 1942 Times 8 Oct. 9/1 No date has yet been announced for the calling in of the note issue and the substitution of the new currency unit, the cruzeiro for the milreis. 1964 W. McCord in I. L. Horowitz New Sociology 427 She..earned a few cruzeiros a day. 1970 Sci. Jrnl. May 73/1 The cruzeiro is still far from being stabilized. |