Adjective "ecu" definition and examples

(Ecu may not be an adjective, but it can be used as an adjective, click here to find out.)

Pronunciation

/ˈiːkjuː//ˈɛkjuː//ˈɛkuː//ˈeɪkjuː/

Definitions and examples

noun

  1. 'A stock of ecus would be created by each member state depositing 20 per cent of its gold and 20 per cent of its foreign currency reserves with a European Monetary Fund.'
  2. 'They also suggested that perhaps her liberty could be purchased with 20-30,000 ecus.'

More definitions

1. a former money of account of the European Common Market that was used in international finance until the euro was adopted and was based on the combined prorated values of the currencies of member nations.

More examples(as adjective)

"buyings can be ecu."

"sellings can be ecu."

"tradings can be ecu."

"purchases can be ecu."

"contracts can be ecu."

More examples++

Origin

(ECU)Acronym from European currency unit.