co·lo·nes (k -l n s )n. A plural of colon3. |
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colones |
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| dollar is strong there, worth about 400 colones, the Costa Rican currency. There is no firm timetable for removing all colones from circulation, but the Central Bank predicts 50% of the local currency will be replaced by June. Pension fund management companies must have at least 10 shareholders and an initial investment of at least 5 million colones (about US$570,000) in housing, infrastructure, and shares of state enterprises or shares traded on the stock market. |
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