maravedi definition

  • noun:
    • an old Spanish coin and unit of money, initially released in silver but later in silver and copper, stopped in 1848.
    • A small copper coin of Spain, equal to three mils US cash, not as much as a farthing sterling. Additionally, a historical Spanish gold money.
    • A gold coin struck in Spain by the Moorish dynasty of Almoravides in the eleventh and twelfth centuries. It weighed about 60 grains. -2. In later times, the tiniest denomination of Spanish cash, different in worth from slightly less to a little more than half an English farthing or quarter of a United States cent.

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