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/Sounds like "KAH" (as in "car") + "koh" (as in "coat")/

Meaning

A thief, a robber, in Buenos Aires lunfardo, someone who makes their living stealing. Caco is old-school street vocabulary, the word for the kind of skilled thief who operates with purpose rather than impulse.

Examples

Un caco le vació el departamento mientras dormía.

A thief cleaned out his apartment while he slept.

They knew every thief in the neighborhood by name.

Regional synonyms
Bandera de España
Bandera de Argentina
Bandera de Chile
Bandera de Perú
Bandera de Venezuela
Pillo
Bandera de Argentina
Bandera de Uruguay
Punga

In Central America (Honduras, El Salvador, Guatemala, Nicaragua), social magnetism or the ability to attract people, especially romantically. Having pegue means people are drawn to you.