ERM Definition

interjection

(UK) Used in hesitant speech, or to express uncertainty; um, umm.

She was going to, erm... the salon, I think.
Wiktionary
(UK) Used to express embarrassment or subtle disagreement.
Erm, I don't think that was supposed to happen.
- Bob would never say something like that!- Erm, he just did.
Wiktionary
abbreviation
European Exchange Rate Mechanism.
Wiktionary

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