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euro Definition

euro (yo̵orō)

noun

the basic monetary unit of the European Monetary Union: symbol, €

euro Finance Definition
The currency used by 12 Western European countries that agreed to give up their own currency and monetary policy. The countries using the euro are: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. The euro was introduced to bring the countries of Europe and their economies closer together and to reduce the cost of doing business among these countries. The European Central Bank was created to set monetary policy for the 12 member countries. The euro came into existence for financial transactions on January 1, 1999. Euro notes began circulating on January 1, 2002. The symbol is  .
euro Usage Examples

Converse of object

  • denominate: Euro BBA LIBOR is expected to become the predominant international benchmark for euro denominated cash rates from one week to one year.
  • join: Joining the euro is not just an economic decision.
  • adopt: Slovakia has taken the step of joining the ERM II in preparation for adopting the euro.
  • oppose: The British public continues to oppose the euro overwhelmingly.
  • reject: And there are three deep splits behind the reluctance either to decisively reject the euro or to leap into the unknown of a referendum.
  • blame: For the sluggish Irish stock market: blame the euro.

Preposition: as

  • currency: The Green Party is opposed to the UK's adoption of the euro as a single currency.

Adjective modifier

  • weak: The weak euro is to blame, but UK interest rates at twice those of Euroland don't help.
  • strong: Only Continental Europe, hampered by a strong euro, failed to make any headway.

Modifies a noun

  • changeover: In addition, the latest edition includes a City Guide to a UK euro changeover, for use by market practitioners in their preparations.
  • referendum: How people vote in a euro referendum is not an issue for CA.
  • zone: You cannot leave the euro zone once you're in.
  • coin: Common Reverse Designs Every euro coin carries a common European face.
  • currency: Support for the euro currency will be available in the FCS release of version 1.2.
  • preparation: The Ministry of the Economy has also produced a guide on euro preparations for SMEs.

Possessives

  • weakness: Some believe that millions of such small trades, as much as transatlantic asset flows, are the cause of the euro's weakness.
  • introduction: The euro's unproblematic introduction has won it plaudits just as in Sweden ( and in Britain, for that matter ).

Preposition: in

  • future: For Britain now appears unlikely to join the euro in the near future.

Converse of subject

  • replace: In a step inconceivable two generations ago, the mark, franc, and lira have been replaced by the euro.

Preposition: per

  • person: We can provide linen for 15 euro per person, please notify when booking.

Browse dictionary entries near euro

  1. euripus
  2. Euripides
  3. eurhythmics
  4. Eurex
  5. eureka
  6. Euratom
  7. Eurasian
  8. Eurasia
  9. Eur
  10. eupnea
  1. Euro-
  2. euro-zone
  3. Eurobond
  4. Eurocentric
  5. Euroclydon
  6. Eurocommunism
  7. Eurocrat
  8. Eurocurrency
  9. eurodollar
  10. Eurodollars