The basic monetary unit of Lesotho, equal to 100 lisente.
Example sentencesExamples
The Namibian dollar and the Lesotho loti both circulate at a one-to-one ratio with the South African rand.
The press group (consisting of a newspaper and radio station) was threatened with closure in June because of its inability to pay a fine of 170.000 maloti immediately and in full.
Origin
Sesotho.
Definition of loti in US English:
loti
nounˈlōdē
The basic monetary unit of Lesotho, equal to 100 lisente.
Example sentencesExamples
The Namibian dollar and the Lesotho loti both circulate at a one-to-one ratio with the South African rand.
The press group (consisting of a newspaper and radio station) was threatened with closure in June because of its inability to pay a fine of 170.000 maloti immediately and in full.