Euro: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update.) |
imported>Doug Williamson (Add link.) |
||
| Line 21: | Line 21: | ||
== See also == | == See also == | ||
* [[Eurobond]] | * [[Eurobond]] | ||
* [[European Union]] | |||
* [[Offshore]] | * [[Offshore]] | ||
* [[euro zone]] | * [[euro zone]] | ||
Revision as of 07:39, 24 June 2016
1.
A prefix meaning that currency is held in a different jurisdiction from its country of origin.
For example eurodollar or euroyen or, more generally, eurocurrencies.
2.
Established by the 1992 Treaty on European Union (TEU, better known as the Maastricht treaty) the euro is the official currency of the European Union (EU).
The euro is used by 19 EU member states, known collectively as the 'euro zone', the other EU members having their own currencies.
Note that the currency takes lower case except where a capital is grammatically or stylistically required, for example, at the start of a sentence.
The ISO (three letter) currency code for the euro is EUR.
