This is the 6473rd most frequent Spanish word.
canaco
"Canaco" is the acronym for "Cámara Nacional de Comercio," meaning "National Chamber of Commerce" in English.
In this sentence, 'CANACO' refers to the business organization Cámara Nacional de Comercio, often abbreviated in speech.
El CANACO local ofrece cursos para empresarios.
The local CANACO offers courses for entrepreneurs.
Here, 'CANACO' again highlights the organization and its role in hosting events for the business community.
Participé en un evento organizado por CANACO.
I participated in an event organized by CANACO.
The term 'CANACO' in this context refers to membership in the organization.