euro

(redirected from euros)
Also found in: Dictionary, Legal, Financial, Encyclopedia.
Graphic Thesaurus  🔍
Display ON
Animation ON
Legend
Synonym
Antonym
Related
  • noun

Words related to euro

the basic monetary unit of most members of the European Union (introduced in 1999)

Related Words

References in periodicals archive ?
Technically, the Dutch government would issue (florin) bonds to its central bank and sell the florin proceeds in the foreign exchange markets for euros with which to buy the notes (from the central banks still in EMU).
Dutch euros could be used freely to settle euro-denominated accounts between Dutch residents (for example, purchases and sellers of goods and services) and to repay euro loans by Dutch banks to Dutch residents.
In the case of Dutch euros falling in value versus the free euro (as where the purpose of leaving EMU is to escape deflation), euro banknotes would go to a premium against Dutch euros (where the premium would be determined by the exchange rate between Dutch and free euros).
Thus, bank deposits and other debts outstanding to non-residents in euros for example would not in general be subject to forced conversion.
Dutch resident deposits in euros with Dutch banks and Dutch bank loans to Dutch residents would not have been in balance except by chance at the time of exiting EMU.
Long-term interest rates might jump immediately on Dutch euros and inflict loss on banks' holdings of long-maturity loans at fixed interest rates.