European Monetary Unit
- The corresponding SWIFT code is XBB.European Unit of Acc.-9.The corresponding SWIFT code is XBC.
International financial encyclopaedia . 2014.
Look at other dictionaries:
European Monetary Unit — The European Monetary Unit (E.M.U. 6) is a bond market unit. It has ISO 4217 code XBB … Wikipedia
European Currency Unit — (ECU) Introduced in 1979 as a central element of the European Monetary system (EMS) to support the Exchange Rate Mechanism (ERM). Based upon a weighted basket of currencies and supported by the European Monetary Cooperation Fund (EMCF), under… … Glossary of the European Union and European Communities
European Currency Unit — See euro, European Monetary System. Collins dictionary of law. W. J. Stewart. 2001. European Currency Unit … Law dictionary
European Currency Unit — ECU A currency medium and unit of account created in 1979 to act as the reserve asset and accounting unit of the European Monetary System (EMS). The value of the ECU was calculated as a weighted average of a basket of specified amounts of… … Accounting dictionary
European Currency Unit — ECU A former currency medium and unit of account created in 1979 to act as the reserve asset and accounting unit of the European Monetary System (EMS). The value of the ECU was calculated as a weighted average of a basket of specified amounts of… … Big dictionary of business and management
European Currency Unit — Infobox Currency iso code = XEU using countries = European Community and later the European Union pegged with = The ECU was a basket of currencies symbol = ₠ (rare), ECU or XEU plural = usually ECUs used coins = Gibraltar issued commemorative Ecu … Wikipedia
European Currency Unit — n. Euro, unit of currency introduced in 1999 as the composite monetary unit of the members of the European Union, â‚¬, ECU … English contemporary dictionary
European Currency Unit — /ˌjυərəpi:ən k rənsi ju:nɪt/ noun a monetary unit used within the EU. Abbreviation ECU … Dictionary of banking and finance
European Monetary System — (EMS) a European monetary unit, an exchange rate intervention mechanism and a transfer mechanism established in 1978 under the law of the European Communities. It is this system that established the European Currency Unit (ECU), a currency used… … Law dictionary
European Monetary System — (EMS) Established in 1979 to secure a zone of monetary stability in Western Europe, with the Exchange Rate Mechanism (ERM) and the European Currency Unit (ECU) as its core elements. In the 1980s it increasingly became seen as inadquate, and… … Glossary of the European Union and European Communities