Equity method and Euro: Difference between pages

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imported>Doug Williamson
m (Punctuate for greater clarity, link with Associated undertaking page.)
 
imported>Doug Williamson
(Link with EONIA & Euribor pages.)
 
Line 1: Line 1:
A method of accounting for an associated undertaking in a group of companies.
{{lowercase}}
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.


The purpose is to include in the consolidated group accounts: (1) the cost of the investment plus (2) the appropriate proportionate share of post-acquisition profits.


== See also ==
== See also ==
* [[Associated undertaking]]
* [[Currency]]
* [[Consolidated group accounts]]
* [[EONIA]]
* [[Consolidation]]
* [[Euribor]]
* [[Eurobond]]
* [[European Union]]
* [[Offshore]]
* [[euro zone]]

Revision as of 12:42, 6 May 2017

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.


See also