euro
Brussels pocket change
The euro is the official currency of most European Union countries, introduced in 1999 and symbolized by €.
It replaced national currencies like the German mark and French franc.
The word functions as both singular and plural in financial contexts: The euro fell against the dollar, That costs fifty euro.
Outside the eurozone, euros is the standard plural. (Capitalized Euro- appears in compounds relating to Europe.)
Basic U.S. currency unit
Sustained price level increase
- deflationSustained decrease in prices
- recessionProlonged economic decline
- growthIncrease in size
- GDPNational output abbreviation
unemployment · fiscal · budget · deficit · surplus · taxation · investment · stability
Recognition of worth
- depreciationAsset value reduction over time
- exchange rateCurrency conversion value
- purchasing powerEconomic spending ability
- fluctuationIrregular change over time
speculation · hedging · convertibility · parity · bullish · bearish · arbitrage · valuation
dollar
Basic U.S. currency unit
peso · rupee · yuan · krona · krone · dinar · rand · baht · ruble · lira
inflation
Sustained price level increase
GDP · unemployment · fiscal · budget · deficit · surplus · taxation · investment · stability · crisis
appreciation
Recognition of worth
- depreciationAsset value reduction over time
- exchange rateCurrency conversion value
- purchasing powerEconomic spending ability
fluctuation · speculation · hedging · convertibility · parity · bullish · bearish · arbitrage · valuation
member states
Countries within a union
- MaastrichtDutch border city
- treatyBinding pact between nations
euroBritish pound
United Kingdom's official currency
pound sterling · dollar · US dollar · pound · Swiss franc
Official money of a state
pound · British pound · drachma · French franc · Deutsche Mark