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/Sounds like "beh" (as in "bed") + "LAH" (as in "lava") + "dah" (as in "dart")/

Meaning

A chill evening hangout with friends or family, with good conversation, mellow music, and calm drinks. A velada is the opposite of a rager: intimacy over chaos.

Examples

We had a velada with wine and good music until dawn.

The velada was so good nobody wanted to leave.

Regional synonyms

To be very smart, savvy, or experienced, someone who cannot be easily fooled. In Spain and Mexico, "saber latín" is a compliment packed inside an old-fashioned expression: this person understands how the world works and is not going to fall for anything obvious.