An abrazo is a hug. Hugs are very important the world over, but they're even more so over here in the Latin world. When you meet someone around here — whether they be a long-lost friend or a complete stranger — you give 'em an abrazo. A handshake simply will not do. A beso (kiss) is also required, when meeting with the ladies (any ladies). When you write someone a card in Spanish, it's common to end it with the salutation un abrazo, or simply abrazos (where we might write "best wishes"). The verb abrazar means "to hug": so when I meet someone in Peru, yo le abrazo (lit: "I hug them").