Peseta

1. A person who backs down from a fight or a confrontation; a ranker; a leva; a pussy.

2. Another name for a U.S. quarter (coin).

(Peseta has its origins in L.A. slang primarily used by Chicanos, and Mexicans, but spreading in popularity amongst other groups).

1. Homie #1: When I went up that vato and hit him up for doggin' me, the fucken ranker started running like a lil bitch.

Homie #2: Ha! Ha! Fuckin peseta, homes. You put him on the leva, ese.

2. Ey, carnal, trais una peseta? Necesito lavar mis calcetines.
Trans.: Hey, bro, do you have a quarter? I need to wash my socks.

by El Muñeco December 10, 2005

pesetas

the curency(money) they used in spain befor the euros came they are egual to a english pound.

i will pay you cinco pesetas for five english pounds

by Alexa corsova July 28, 2005

peseta

Basic monetary unit of Spain, equal to 100 centimos

The Spanish peseta was used until the introduction of the euro in 2002.

by bluestinger66 September 2, 2022

Peseta

A term used to describe inmates in jails and prisons that are housed under protective custody. It originated by saying the letters "PC" in spanish.

i.e., "that vato Danny Masterson is a Pe-Ce'ta (peseta)..."

by Oxford Britanica February 19, 2024

Peseta

Snobbish. Putting on Airs. Elitist without reason. (The person being called “peseta” thinks highly of themselves, so much that they should be like the royals on the Spanish coins). TexMex Slang

She acts tan PESETA ever since her boyfriend bought her a used Mercedes-Benz

by Mr Towers de Leon December 16, 2023