Definition

A unit of currency used in Panama, named after the Spanish explorer Vasco Núñez de Balboa.

Example

The price of the meal was twenty balboas.

Conversation

Have you ever heard of the balboa currency from Panama?

Yeah, I've read a bit about it; it's interesting how it’s tied to the US dollar.

Right? I find it fascinating how different currencies work around the world.

Absolutely! It’s always good to learn about other currencies like the balboa.

Synonyms & Antonyms

Root Explanation

The word 'balboa' originates from Spanish, specifically from the name of the Spanish explorer Vasco Núñez de Balboa, who was the first European to see the Pacific Ocean from the New World. The name 'Balboa' itself is derived from a place name in Spain, meaning 'beautiful valley'.

Memory Tip

Think of the explorer Balboa, who is associated with discovering the Pacific Ocean, and remember that his name reflects a beautiful valley.

Visually Confused Words