InvestorWords.com

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.

• "Sell Naked Put" Stock Option Investment Strategy
• Information on the Less Commonly Used Types of Insurance
• Types of Accounts Typically Offered by Banks
• Common and Preferred Stock
• Steps to Take to Improve your Credit
• Choose Mutual Funds Carefully

Featured Advertiser