European Monetary Union

European Monetary Union
European Monetary Union noun
The adoption of a single currency by all the member states of the European Union
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Main Entry:European

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European Monetary Union [European Monetary Union] ;

Useful english dictionary. 2012.

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  • European Monetary Union — (EMU) European countries participating in the EMU hand over the conduct of their monetary policy to the European Central Bank and respect guidelines on government spending; they have also adopted the euro as their national currency. For further… …   Law dictionary

  • European Monetary Union — ➔ EMU * * * European Monetary Union UK US noun [S or U] ECONOMICS, POLITICS ► EMU(Cf. ↑EMU) …   Financial and business terms

  • European Monetary Union — n. a union of those 12 members of the European Union that use the euro as their only legal currency * * * See also Economic and Monetary Union. * * * …   Universalium

  • European Monetary Union — n. a union of those 12 members of the European Union that use the euro as their only legal currency …   English World dictionary

  • European monetary union — financial alliance among certain European countries …   English contemporary dictionary

  • European Monetary Union — Eu′ropean Mon′etary Un ion n. num an agreement by which most countries of W Europe pooled currency reserves in order to trade their currencies at a fixed rate in preparation for the introduction of the euro on January 1, 1999: signed by Austria,… …   From formal English to slang

  • European Monetary Union — /ˌjυərəpi:ən m nɪt(ə)ri ju:njən/ noun the process by which some of the member states of the EU joined together to adopt the euro as their common currency on 1st January 1999. Abbreviation EMU …   Dictionary of banking and finance

  • European Monetary System — (EMS) a European monetary unit, an exchange rate intervention mechanism and a transfer mechanism established in 1978 under the law of the European Communities. It is this system that established the European Currency Unit (ECU), a currency used… …   Law dictionary

  • Committee for the Creation of European Monetary Union —   An interest group of politicians, financiers and industrialists established in 1988 to argue the case for full Economic and Monetary Union (EMU) …   Glossary of the European Union and European Communities

  • European Monetary System — EMS A system of exchange rate stabilization involving the countries of the European Union, which began operations in 1979. There were two elements: the Exchange Rate Mechanism (ERM), under which participating countries committed themselves to… …   Accounting dictionary

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