Also means
financial freeze (Argentina)
Usage Note
Corralito is the diminutive of corral. In everyday use it means a baby's playpen. It became internationally known as a proper-noun term for Argentina's 2001 banking freeze, when withdrawals were severely restricted — this sense is now a common reference in Spanish economic journalism.
Examples
"El bebé jugó en el corralito toda la tarde."
Natural Translation
The baby played in the playpen all afternoon.

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