Meaning EUROPEAN MONETARY SYSTEM (EMS): An exchange arrangement formed in 1979 that governs the currencies of European Union member countries
More terms such as European Monetary System (EMS) in Dictionary E.
- Definition Expectations Hypothesis Theories:
- Examples term structure of interest rates, which include the pure expectations theory; the liquidity theory of the term structure, and the preferred habitat theory. These theories hold that each forward rate european monetary system (ems) definition.
- Definition Enterprise:
- Examples A business firm european monetary system (ems) explain.
- Definition Extraordinary Item:
- Examples An unusual and unexpected one-time event that must be explained to shareholders in an annual or quarterly report, e.g., employee fraud, a lawsuit, etc european monetary system (ems) what is.
- Definition Exchange Rate Mechanism (ERM):
- Examples The methodology by which members of the EMS maintain their currency exchange rates within an agreed-upon range with respect to other member countries european monetary system (ems) meaning.
- Definition Embedded Option:
- Examples part of the structure of a bond that gives either the bondholder or the issuer the right to take some action against the other party, as opposed to a bare option, which trades separately from any european monetary system (ems) abbreviation.
