European Monetary System

Definitions

Accounting

• noun the first stage of economic and monetary union of the EU, which came into force in March 1979, giving stable, but adjustable, exchange rates.

Economics

• noun a system for managing exchange rates within the EC, set up in 1979 to replace the European Monetary Fund. It was itself replaced in 1999 when the single currency was introduced.

Nearby Definitions of “European Monetary System”

• Eugène Ionesco
• Eugene (Gladstone) O'Neill
• euphemism
• eureka
• Euripides
• European Monetary System
• European Union
• evidence
• Evidence-based Medicine
• exchange
• exclamation

Contexts for “European Monetary System”

2 definitions in context
• Accounting
• Economics