ECU


Definition
European Currency Unit. A composite monetary unit consisting of a basket of European Community currencies that served as the predecessor to the Euro. While it was being used, the purpose of the ECU was to provide investment opportunities that weren't specific to one currency, allowing investors a way to diversify.

Mentioned in these terms

Related Personal Finance Articles

Loading...

ECU in the news

Loading...

ECU is ...

... part of the Forex, Global and Currencies subjects.

Search volume for ECU

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z