conto
Học thuậtThân thiện
Definition
Noun 1. A former monetary unit of Portugal: A "conto" was a unit of account in Portugal, equivalent to 1,000 Portuguese escudos. It was not a physical coin or banknote but a term used for calculating and expressing large sums of money.
Usage
The word "conto" is used to refer to a specific, historical financial amount within the context of Portugal's former currency system. * The old property was valued at several contos before the introduction of the euro. * In the mid-20th century, a salary of fifty contos was considered substantial.
Advanced Usage
- The term is largely historical and obsolete since Portugal adopted the euro in 1999, replacing the escudo.
- It can be encountered in historical texts, financial records, or literature describing periods when the Portuguese escudo was in use.
Variants and Related Words
- Escudo: The primary currency unit of Portugal from 1911 to 1999, of which the "conto" was a multiple (1,000 escudos).
Synonyms
- Thousand escudos: A direct descriptive synonym.
- Monetary unit: A general categorical synonym.
Noun
- 1 conto equals 1,000 escudos in Portugal