noun
- a monetary unit equal to one hundredth of various currencies, especially the Italian lira
Usage: historical
Examples
- The old Italian coin was worth fifty centesimi.
- Before the euro, Italians used lire and centesimi.
- The price was listed as 250 lire and 75 centesimi.
- Small purchases were often rounded to the nearest centesimo.
- The centesimo was the smallest denomination in the old currency system.