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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

An affectionate term for someone of indigenous or humble Andean origin, used in Bolivia and Peru. Between lifelong friends from the same community it carries real warmth, but the same word can feel loaded with class and race dynamics when said by an outsider. Tone and relationship change everything.