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  3. Finance Glossary
  4. Terms Beginning With E
  5. European Currency Unit (ECU)

European Currency Unit (ECU)

Definition of 'European Currency Unit (ECU)'

A basket currency of weighted amounts of the currencies of the EC countries.

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Related Terms

Basket CurrencyEuropean CommunityEuropean Coal and Steel CommunityEuropean CommissionEuropean Monetary InstituteEuropean Single MarketQuoted CurrencyECBAuthorised Unit TrustAuthorized Unit TrustStrategic Business UnitAmerican Style OptionAssisted AreaEBRDECECSCEFTAEMSEMUEuropean Bank for Reconstruction and Development

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