IPA: /ˈtʃɛn.tɛ.sɪ.moʊ/
KK: /ˈsɛn.tɛ.sɪ.moʊ/
A small unit of currency that was used in some countries, equal to one hundredth of a larger unit, such as the Italian lira.
The price of the item was listed in centesimi, making it easier to understand the cost in smaller units.
Centesimo is derived from "centi-" (meaning one hundred) and "esimus" (a suffix used in ordinal numbers). The word refers to the one-hundredth part of a whole, often used in the context of currency.
Think of 'centi-' meaning one hundred, and remember that 'centesimo' refers to one hundredth of something.
No commonly confused words.