euro

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.

Euro seemed unlikely

"I was sure we would never see the adoption of the euro.

Countries giving up their currencies for a common tender was, it seemed to me, completely out of tune with currency being a carrier of people's cultural identity, celebrating national heroes and events, as it had been for hundreds of years."

John Naisbitt, futurist, quoted in The Treasurer magazine, Cash Management Edition April 2019 p23.

See also

• Currency
• EONIA
• Euribor
• Eurobond
• European Union
• Eurozone
• Futurist
• Offshore
• Tender