Entry 2 senses · 2 variants Webster, 1913 Batta /(băt"tȧ)/ · Bat·ta · IPA /ˈbʌtə/ n. n. 01 n. Extra pay; esp. an extra allowance to an English officer serving in India. 1. Extra pay; esp. an extra allowance to an English officer serving in India. 02 n. Rate of exchange; also, the discount on uncurrent coins. 1. Rate of exchange; also, the discount on uncurrent coins.[India]