Investor Glossary-euroInvestor Glossary-euroInvestor Glossary-euroInvestor Glossary-euroInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Euro

The HTML to link to this page
 

The Euro () is the currency of 12 countries of the European Union: Germany, France, Italy, Belgium, Greece, Ireland, Luxembourg, the Netherlands, Spain, Austria, Portugal and Finland. A few other countries, like Monaco and Montenegro, have adopted the Euro as either its official or de facto currency. The only major European country that is not using the Euro is the United Kingdom. The Euro was introduced at the beginning of 1999 and went into general circulation at the start of 2002. The impact of the Euro has been mixed. The Euro has greatly reduced currency transaction charges in participating countries. The Euro also has made life easier for businesses and travelers who can now deal with a single currency. Some European consumers, however, believe that companies used the introduction of the Euro to raise prices. Other Europeans regret that the Euro has replaced their national currencies, to which they had both practical and emotional ties. The Euro has also limited the ability of European nations to carry out monetary policies that are tailored to economic conditions in their own country.



Rate this Euro definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: FICO score, dividends payable, VIX, average price per share, deferred tax, inflation, liquidity ratio, 144a, in escrow, per diem, command economy, annual return, open position, quality assurance, labor relations, stock market close, retained earnings, FTSE, Zero Cost Collar, diluted share, deferred revenue, debt service coverage, irrevocable trust, LIBOR, implied volatility, 401a, risk management, current ratio, 1035 exchange, option premium, EBITDA, Key Rate Duration, minority interest, wholly-owned subsidiary, required rate of return, cancelled check, real GDP, reverse mortgage, ex-dividend date, margin rate, APR, covered put, stock split, ex-dividend, class C shares, limit order, 1031 exchange, phantom income, balance sheet


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use