What is Peseta?
1.
1. A person who backs down from a fight or a confrontation; a
2. Another name for a U.S. quarter (coin).
(Peseta has its origins in L.A. slang primarily used by Chicanos, and Mexicans, but spreading in popularity amongst other groups).
1. Homie #1: When I went up that
vato and hit him up for doggin' me, the fuckenranker started running like a lil bitch.
Homie #2: Ha! Ha! Fuckin peseta, homes. You put him on the
leva ,ese .
2. Ey,
carnal , trais una peseta? Necesito lavar mis calcetines.
Trans.: Hey, bro, do you have a quarter? I need to wash my socks.
See