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/Sounds like "ah" (as in "art") + "gee" (as in "geese") + "NAHL" (as in "nacho") + "doh" (as in "door")/

Meaning

An extra payment you receive in December as a mandatory Christmas bonus required by law in several Latin American countries. It's the boss's gift that saves your holidays, Christmas presents, and the year's accumulated debts.

Examples

With my aguinaldo I'm going on vacation.

The aguinaldo went straight to Christmas gifts.

Regional synonyms

To be extremely vigilant, not to let anything slip by. In Colombia, 'avivar el ojo' represents the highest level of alertness and caution.