Definition of balboa in English:

balboa

noun

  • The basic monetary unit of Panama, equal to 100 centésimos.

    • ‘The U.S. dollar is the paper currency of Panama, and is also referred to as the Panama balboa.’
    • ‘The unit of currency is the balboa, which is pegged to the United States dollar.’
    • ‘Panama issues a domestic currency, the balboa (1 balboa = US $1), but it circulates only as coins.’
    • ‘The greenback also has parity with the Bermudan, Bahamian, and Liberian dollars, taking it into Africa, plus the Panamanian balboa.’

Origin

Named after Vasco Núñez de Balboa (see Balboa, Vasco Núñez de).

Pronunciation

balboa

/balˈbōə/