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European terms |
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European termsA foreign exchange quotation that states the foreign currency price of one US dollar.European terms Similar MatchesEuropean Monetary AgreementEuropean Monetary AgreementAn intergovernmental organization administered by the OECD that facilitated settlement of balance of payments accounts among its member states from 1958 to 1972. It replaced the EPU, and its functions were taken over by the IMF in 1972. European CommunitiesEuropean CommunitiesThe name adopted in 1967 by the European Economic Community when it merged with the ECSC and Euratom. This name and the acronym EC was used until 1992 when it was replaced by European Union. European Union (EU)European Union (EU)An economic association of European countries founded by the Treaty of Rome in 1957 as a common market for six nations. It was known as the European Community until January 1, 1994 and currently comprises 15 European countries. Its goals are a single market for goods and services without any economic barriers, and a common currency with one monetary authority. Single European ActSingle European ActAct intended to eliminate barriers on trade and capital flows between and among European countries. European Currency UnitEuropean Currency UnitA weighted average of European Community currencies with weighting tending to be proportional to a country's economy. The ecu has been superseded by the euro. Further SuggestionsEuropean Recovery ProgramEuropean Currency Unit (ECU) European Exercise European Association of Securities Dealers Automated Quotation European Association of Securities Dealers Automated Quotation (EASDAQ) European Payments Union European Economic Area European style option European Options Exchange (EOE) European Economic Community European style exercise European Monetary System Single European Act European Monetary System (EMS) European option New European Exchange (NEWEX) European Free Trade Association European Central Bank (ECB) European Monetary System Central and Eastern European countries European exchange rate mechanism (ERM) European, Australia, and Far East index (EAFE index) European Community |
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