giro means draft — a common term in Spanish for Business. Learn how it's used in a real-world example.
📅 Published: January 5, 2026
giro
noun • /[HEE-ro]/
draft
Example:
Hicimos el pago por giro bancario.
We made the payment via bank draft.
🧠 What does giro mean?
In a business context, 'giro' refers to a draft or bill of exchange. This is a written order, signed by one person (the drawer), directing another person (the drawee) to pay a specified sum of money to a third person (the payee) on demand or at a fixed or future date. It is a crucial financial instrument for facilitating commercial transactions, particularly in international trade, allowing for deferred payment and transfer of funds.
📚 Extra examples
- El exportador recibió el giro bancario después de enviar la mercancía.
The exporter received the bank draft after shipping the merchandise. - Es necesario endosar el giro para poder cobrarlo.
It is necessary to endorse the draft to be able to cash it. - El giro comercial es una forma común de financiación en el comercio exterior.
A commercial draft is a common form of financing in foreign trade. - La empresa emitió un giro a favor de su proveedor principal.
The company issued a draft in favor of its main supplier.
💡 Did You Know?
The word 'giro' is also frequently used in Spanish to mean 'turn' or 'spin', as in 'un giro inesperado en la trama' (an unexpected turn in the plot). It can also refer to a direction or route, such as 'el giro postal' (money order). Therefore, context is crucial when encountering this versatile word.
🔁 Synonyms & opposites of "giro"
Synonyms: libranza, orden de pago, letra de cambio
🔍 See more spanish for business words
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