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Centesimo (plural centesimi) is an Italian word derived from the Latin centesimus meaning "hundredth". It was equal to 1/100th of currencies named lira. However, not all lira-denominated currencies feature centesimo as their 1/100th subunit. For example, the Turkish new lira is divided into 100 kuruş and the Maltese lira was divided into 100 cents. Currencies that have centesimo as subunits include: [edit] Circulating
In Italian, centesimo is the common way of describing the euro cent. [edit] Obsolete
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