Giro

Pronunciation

• RP IPA: /ˈdÊ’aɪrəʊ/

Origin

Via German, from Italian giro ("circulation"), from Latin gyrus ("circle"), from Ancient Greek γῦρος (guros, "circle").

Full definition of giro

Noun

1. (in Europe) A transfer of funds between different account holders, carried out by the bank according to payer's written instructions.
2. (British, informal) An unemployment benefit cheque.

Usage notes

The use of paper giros is in decline in favour of electronic payments, which are regarded as faster, cheaper and safer due to the reduced risk of fraud.

Anagrams

• Igor