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/Sounds like "ehs" (as in "egg") + "TAHR" (as in "tar") + "peh" (as in "pet") + "LAH" (as in "lava") + "doh" (as in "door")/

Meaning

To have no money, to be completely broke without a single peso to spend on anything. Used when your wallet is empty, whether it's a temporary situation before payday or a chronic state that seems endless.

Examples

Can't go to the movies, I'm pelado.

After vacation I was pelado until the next paycheck.

To leave someone speechless, dumbfounded or completely lost for words. In Mexico and Central America dejar a cuadros means you said or did something so unexpected they froze.