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English definition of “giro”

giro

noun     /ˈdʒaɪ.rəʊ/ US  /-roʊ/
[U] a system used between European banks and similar organizations, in which money can be moved from one account to another by a central computer: The money was transferred by giro.Banks and bank accounts [C] UK a cheque which provides money from the government, through the giro, to someone unemployed, ill, or with very little income: a giro cheque She didn't know how she would manage until her next giro.Social security and state benefitsForms of money and methods of payment
(Definition of giro noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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