escudo escudo  /ɛ ˈsku doʊ/

Definition(s):

  1. (n) formerly the basic monetary unit of Portugal; equal to 100 centavo
  2. (n) the basic unit of money on Cape Verde; equal to 100 centavos

Synonym(s)

Usage(s):

  1. Draconian measures such as the summary execution of black marketeers, an across-the-board freeze on wages and the drastic devaluation of the escudo have stabilized prices.
  2. Further import controls may be imposed, accompanied by a large devaluation of the escudo.
  3. The Latin American spiral is largely the result of instability in the peso, escudo or cruzeiro, which in turn increases import prices and wrecks wage levels.

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