montepío

Spanish

Etymology

From monte (“mount”) +‎ pío (“pious”). Similar to English mount of piety and Italian monte di pietà.

Noun

montepío m (plural montepíos)

1. social collective fund
2. institution that holds the fund
   • 2016 November 4, “El exlíder minero asturiano amasó su fortuna con dietas y certificaciones falsas de obras”, in El País‎^[1]:

     Esta constructora ya había resultado adjudicataria de otras contratas del montepío minero asturiano.

     (please add an English translation of this quotation)

Further reading

• “montepío”, in Diccionario de la lengua española [Dictionary of the Spanish Language] (in Spanish), online version 23.8, Royal Spanish Academy [Spanish: Real Academia Española], 2024 December 10