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/Sounds like "PAH" (as in "park") + "loh" (as in "loan")/

Meaning

In Colombia and Chile, one million pesos. Instead of saying "un millón" with all those zeros, people just say "un palo." It makes talking about big sums way more casual in everyday conversation about salaries, prices, and purchases.

Examples

Ese coche vale treinta palos, no está nada mal. (That car costs thirty million pesos, not bad at all.)

Gana como cinco palos al mes. (He makes about five million a month.)

Word family
Regional synonyms
Bandera de Costa Rica
Vara

In Argentina and Uruguay lunfardo, a trick, knack, or insider technique for getting something done that looks effortless once you know it. The kind of practical wisdom someone shows you once and you never forget.