Definition of "centavo"

Currency unit (hundredth of a peso) in Mexico.  examples

A similar subdenomination of various other currencies (in Argentina, Bolivia, Brazil, Cape Verde, Colombia, Cuba, Dominican Republic, East Timor, Ecuador, Guatemala, Honduras, Mozambique, Nicaragua, and the Philippines).  examples

(historical) The former subdenomination of some other currencies (in Brazil, Chile, Costa Rica, Ecuador, El Salvador, Guinea-Bissau, Mozambique, Portugal, Puerto Rico, São Tomé and Príncipe, and Venezuela).