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Meaning of montepío by Danilo Enrique Noreña Benítez




Danilo Enrique Noreña Benítez Image
Danilo Enrique Noreña Benítez

montepío
  22

It means pawn shop, would ignite, house of piety or mountain of piety. Fund or discount that is made from salaries in order to obtain a pension in old age (Uruguay). Establishment that manages these resources. Insurance is set to pay the widow and heirs of a mining worker. In Peru it was an incentive given to soldiers to stay in the army. Name of insurance company in Spain.

  

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What is the meaning of montepío in the Spanish open dictionary

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