Single European Act


 

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Single European Act

Treaty, signed in Luxembourg and The Hague and entering into force 1 July 1987, completing the Single Market. See Europe 1992.

Single European Act

Act intended to eliminate barriers on trade and capital flows between and among European countries.



Single European Act

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European Payments Union

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An international arrangement for settling payments among member countries in Europe during a period in which many of the countries' currencies were not convertible. The EPU functioned from 1950 to 1958, after which it was replaced by the EMA.


European style option

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An option which can only be exercised by the holder at expiry (unlike American style options which can be exercised at any time until expiry).


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A foreign exchange quotation that states the foreign currency price of one US dollar.


European Union (EU)

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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.


European style exercise

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A method of exercising options contracts in which the buyer can exercise the contract on the last day before expiration.


Further Suggestions

European Association of Securities Dealers Automated Quotation (EASDAQ)
European Monetary Agreement
European, Australia, and Far East index (EAFE index)
European Economic Community
European Free Trade Association
European Recovery Program
Central and Eastern European countries
European Communities
European Monetary System (EMS)
European Exercise
European Monetary System
European Currency Unit (ECU)
European Community
European exchange rate mechanism (ERM)
European Association of Securities Dealers Automated Quotation
European Monetary System
European Currency Unit
European Central Bank (ECB)
European option
European Economic Area
European Options Exchange (EOE)
New European Exchange (NEWEX)


 
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