The word for today is PANCHO, which is a nick name for those who are named Francisco

Not to be confused with PLANCHO, which is, I iron (as in ironing clothes)

Not to be confused with PONCHO, which is, as you know, a woolen garment

Or PINCHO, which means: I pinch

Application:

I pinch Francisco and iron his coat

Yo pincho a Pancho y plancho su poncho