Kim C: Not exactly, and one of the problems is that people have difficulty agreeing upon terms. Here is what is probably the most widely accepted definition of the term Latino. It refers to people from Latin America, and excludes Spaniards and Portuguese. Where I live, in Albuquerque, they just went through a rather acrimonious process of renaming what used to be called the "Chicano/Chicana Studies Program" at the University of New Mexico...Chicano generally means people of Mexican descent and, in some minds, is derogatory. After they finished arguing about it, they realized that the new definition still excluded Brazilians.   I'm not sure that there actually is a single word that is inclusive of all of the inhabitants of the Iberian penninsula and their descendants in the Americas.