Meaning EUROPEAN UNION (EU): An economic association of European countries founded by the Treaty of Rome in 1957 as a common market for six nations. It was known as the European Community until January 1, 1994 and currently comprises 15 European countries. Its goals are a single market for goods and services without any economic barriers, and a common currency with one monetary authority
More terms such as European Union (EU) in Dictionary E.
- Definition Elect:
- Examples The conversion of a conditional order into a market order european union (eu) definition.
- Definition Emerging Markets:
- Examples The financial markets of developing economies european union (eu) explain.
- Definition Either/Or Facility:
- Examples An agreement permitting a bank customer to borrow either domestic dollars from the bank's head office or Eurodollars from one of its foreign branches european union (eu) what is.
- Definition Eurocurrency Market:
- Examples The money market for borrowing and lending currencies that are held in the form of deposits in banks located outside the countries where the currencies are issued as legal tender european union (eu) meaning.
- Definition Expected Future Cash Flows:
- Examples Projected future cash flows associated with an asset european union (eu) abbreviation.
