cen·tes·i·mo 
(sĕn-tĕsə-mō′)
(sĕn-tĕsə-mō′)n.
1. pl. cen·tes·i·mos A unit of currency equal to 1/100 of the primary unit in Panama and Uruguay.
2. pl. cen·tes·i·mi (-mē′) A former unit of Italian currency, equal to 1/100 of a lira.
[Spanish centésimo, hundredth, from Latin centēsimus; see CENTESIMAL. Sense 2, from Italian centesimo, hundredth, from Latin centēsimus.]