ECU

Business, Legal & Accounting Glossary

Definition: ECU


ECU


Full Definition of ECU


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.


Cite Term


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https://payrollheaven.com/define/ecu/
Modern Language Association (MLA):
ECU. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/ecu/.
Chicago Manual of Style (CMS):
ECU. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/ecu/ (accessed: April 19, 2024).
American Psychological Association (APA):
ECU. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/ecu/

Definition Sources


Definitions for ECU are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th November, 2021 | 0 Views.