loro

noun
  1. A parrot, a type of bird known for its ability to mimic human speech and its vibrant plumage. noun
    The loro perched on the branch, mimicking the sounds of the forest.
    In the pet shop, the loro greeted customers with a cheerful 'hello'.
  2. In finance, a term used to refer to an account held by a foreign bank in a domestic bank, often used in international transactions. noun
    The bank managed several loro accounts for its international clients.
    Understanding the loro account system is crucial for global banking operations.