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lucas, palos -- used in reference to amounts

English translation: thousands and millions (Argentina, Chile, Uruguay)

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:lucas, palos -- used in reference to amounts
English translation:thousands and millions (Argentina, Chile, Uruguay)
Entered by: María Eugenia Wachtendorff
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03:57 Sep 1, 2006
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / foreign business
Spanish term or phrase: lucas, palos -- used in reference to amounts
I'm translating correspondence between a company in Argentina and a company in US. The terms "lucas" and "palos" are used. From the context, I'm assuming that "lucas" refers to thousands, as in 300 lucas meaning 300,000. I'm also guessing that "palos" means millions, as in dos palos, meaning 2,000,000. I'm guessing these are "colloquial" terms, just like we say in English 300 "big ones" to mean $300,000. I'd appreciate confirmation of my hunches. Thanks.
gindavid
thousands and millions (Chile)
Explanation:
This is in my country, Gindavid. I wasn't aware of the use of the same colloquial terms in Argentina.
Selected response from:

María Eugenia Wachtendorff
Chile
Local time: 19:22
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +6thousands and millions (Chile)
María Eugenia Wachtendorff


  

Answers


5 mins   confidence: Answerer confidence 5/5 peer agreement (net): +6
thousands and millions (Chile)


Explanation:
This is in my country, Gindavid. I wasn't aware of the use of the same colloquial terms in Argentina.

María Eugenia Wachtendorff
Chile
Local time: 19:22
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 287
Notes to answerer
Asker: I really appreciate your answer. Now I can finish my translation with confidence.


Peer comments on this answer (and responses from the answerer)
agree  Monica Colangelo: that's it, my friend, we've been using lucas for thousands and palos for millions for as long as I can remember:):)
32 mins
  -> May you and your pretty nenitas get and enjoy many, many palos, dearest! ;D

agree  Henry Hinds
1 hr
  -> Gracias, Henry

agree  MikeGarcia: Valid both for Argentina and Chile, and I think also Uruguay...
2 hrs
  -> Thank you, Sir! :)

agree  David Brown: I have heard my Latin American friends use these words here in Spain
3 hrs
  -> Thanks, David :)

agree  Julia Martínez: That's right. In Argentina, '300 lucas verdes' = '300,000 dollars'; and '5 palos verdes' = '5 million dollars'. As the asker said, these terms are pretty colloquial.
5 hrs
  -> Thank you, Julia

agree  Sergio Gaymer
8 hrs
  -> Gracias, Sergio
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