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| *The Commerce Journal>>>Other Taxes |
Former monetary units of Italy, which were each worth one hundredth of a lira? |
C-------I (9 letters) The lira (plural lire) was the currency of Italy between 1861 and 2002. Between 1999 and 2002, the Italian lira was officially a 鈥渘ational subunit鈥?of the euro. However, physical payments could only be made in lira, as no euro coins and notes were available. The lira was also the currency of the Napoleonic Kingdom of Italy between 1807 and 1814. The term originates from the value of a pound weight (Latin: libra) of high purity silver and as such is a direct cognate of the British pound sterling; in some countries, such as Cyprus, the words lira and pound are used as equivalents. "L", sometimes in a double-crossed script form ("鈧?quot;), was usually used as the symbol. It was subdivided into 100 centesimi (singular: centesimo), which translates to "one hundredth". Source(s): http://en.wikipedia.org/wiki/italian_lir... centismo Centesimi centisimi (could be o or i) COLLINS ENGLISH DICTIONARY |
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