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/Sounds like "peh" (as in "pet") + "leh" (as in "let") + "CHAHR" (as in "chat")/

Meaning

To bounce back financially and get back on your feet after a rough stretch. In Colombia and Venezuela, when someone "ya pelechó" the recovery is visible in everything: how they dress, how they talk, how they carry themselves. The hard times are clearly behind them.

Examples

Since he landed that contract he has really bounced back, you can tell in everything about him.

We finally got back on our feet and now we can pay our bills without any stress.

Regional synonyms
Bandera de Argentina
Bandera de Uruguay
Salir a flote

A River Plate expression of urgency telling someone to hurry up and stop wasting time. It's the Argentine rush of wanting things to happen now, with no more delays or excuses.