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• n  a fractional monetary unit of several countries: El Salvador and Sao Tome and Principe and Brazil and Argentina and Bolivia and Colombia and Cuba and the Dominican Republic and Ecuador and El Salvador and Guatemala and Honduras and Mexico and Nicaragua and Peru and the Philippines and Portugal

• We don't have a single centavo.
• In his side was a small slit where you were supposed to put pennies, but his little mistress never had a centavo to drop into the hole; so his savings-bank stomach remained .
• The Brazilian centavo is the monetary equivalent of a gnat's noggin.

Quotes

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• Ignacio Bunye in Philippine Information Agency
  Bunye assured the people that they shall be the prime beneficiaries of the country's economic strength, and "every centavo we save and spend shall be accounted for with diligence and vigilance," Bunye guaranteed.
• Ralph Recto in Manila Standard Today
  There are discussions with the NTC and the telco players. We all want [the 50-centavo charge for text messages] to be permanent,said former Senator Ralph Recto, newly appointed head of the National Economic and Development Authority.