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. 2010.

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

  • 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 — 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 Union — Fin see EMU …   The ultimate business 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 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

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.