Meaning EXCHANGE RATE MECHANISM (ERM): The methodology by which members of the EMS maintain their currency exchange rates within an agreed-upon range with respect to other member countries
More terms such as Exchange Rate Mechanism (ERM) in Dictionary E.
- Definition Euro:
- Examples deposit outside one's home country but in the home country currency. This terminology is confusing now since the new European currency unit, also called the Euro, was introduced on January 1 exchange rate mechanism (erm) definition.
- Definition Exercise Notice:
- Examples A broker's notification a client want to exercise a right to buy or sell (depending on the type of contract) the underlying security of the option contract exchange rate mechanism (erm) explain.
- Definition Endowment Funds:
- Examples established for the support of institutions such as colleges, private schools, museums, hospitals, and foundations. The investment income may be used for the operation of the institution and for exchange rate mechanism (erm) what is.
- Definition Ex-Dividend:
- Examples means without dividend. The buyer of shares when they are quoted ex-dividend is not entitled to receive a declared dividend. It is the interval between the record date and the payment date during exchange rate mechanism (erm) meaning.
- Definition Euro-Commercial Paper:
- Examples Short-term notes with maturities up to 360 days that are issued by companies in international money markets exchange rate mechanism (erm) abbreviation.
