- European Monetary Union
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n.a union of those 12 members of the European Union that use the euro as their only legal currency
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See also Economic and Monetary Union.* * *
Universalium. 2010.
European Monetary Union
Look at other dictionaries:
European Monetary Union — noun The adoption of a single currency by all the member states of the European Union • • • Main Entry: ↑European * * * European Monetary Union [European Monetary Union] ; » ↑ … Useful english dictionary
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 … 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
