European Currency Unit
Also found in: Dictionary, Medical, Legal, Financial, Acronyms, Wikipedia.
Related to European Currency Unit: European Monetary System
European Currency Unit:see European Monetary SystemEuropean Monetary System,
arrangement by which most nations of the European Union (EU) linked their currencies to prevent large fluctuations relative to one another. It was organized in 1979 to stabilize foreign exchange and counter inflation among members.
..... Click the link for more information. .