single European currency

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• European Currency Unit — See euro, European Monetary System. Collins dictionary of law. W. J. Stewart. 2001. European Currency Unit …   Law dictionary

• European Currency Unit — Infobox Currency iso code = XEU using countries = European Community and later the European Union pegged with = The ECU was a basket of currencies symbol = ₠ (rare), ECU or XEU plural = usually ECUs used coins = Gibraltar issued commemorative Ecu …   Wikipedia

• European Currency Unit - ECU — The European Currency Unit (ECU) was the precursor to the Euro, the shared single currency of the European Union s member countries. While the Euro is the actual currency of the European Union, the ECU was artificial currency developed by the… …   Investment dictionary

• European Currency Quotation — An indirect quotation in the foreign exchange markets whereby the value of a foreign currency is stated as a per unit measure of the U.S. dollar. This type of quotation shows how much foreign currency it takes to purchase one U.S. dollar. For… …   Investment dictionary

• European Currency Unit — (ECU)   Introduced in 1979 as a central element of the European Monetary system (EMS) to support the Exchange Rate Mechanism (ERM). Based upon a weighted basket of currencies and supported by the European Monetary Cooperation Fund (EMCF), under… …   Glossary of the European Union and European Communities

• European Currency Unit —   the forerunner of the Euro, this was a stable means of exchange between the former national currencies as they prepared to give way to the single currency …   Geography glossary

• European Union — 1. an association of European nations formed in 1993 for the purpose of achieving political and economic integration. Formerly known as the European Economic Community, the European Union s member states are Austria, Belgium, Denmark, Finland,… …   Universalium

• 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

• 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… …   Big dictionary of business and management

• currency — noun 1 money used in a particular country ADJECTIVE ▪ domestic ▪ foreign ▪ They prefer to be paid in foreign currencies. ▪ common, global, international …   Collocations dictionary