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/Sounds like "pees" (as in "pea") + "toh" (as in "toll") + "LOHN" (as in "loan")/

Meaning

In Mexico, someone with a lot of money or serious financial power, a person who spends freely and without asking prices. The kind of person who picks up the check for the whole table.

Examples

That big spender walked in and paid for everything without asking the price once.

Some wealthy guy came and ordered half the menu without even looking at the prices.

Regional synonyms

When someone overwhelms you with excessive attention, gifts, and grand declarations of love right from the start. It feels amazing at first but it's actually a manipulation tactic designed to create emotional dependence.