a former money of account of the European Common Market that was used in international finance until the euro was adopted and was based on the combined prorated values of the currencies of member nations.
SHALL WE PLAY A "SHALL" VS. "SHOULD" CHALLENGE?
Should you take this quiz on “shall” versus “should”? It should prove to be a quick challenge!
Question 1 of 6
Which form is used to state an obligation or duty someone has?
European Currency Unit: a former unit of currency based on the composite value of several different currencies in the European Union and functioning as both the reserve asset and the accounting unit of the European Monetary System; replaced by the euro in 1999
British Dictionary definitions for ECU (2 of 2)
/ (eɪˈkjuː, Frencheky) /
any of various former French gold or silver coins
a small shield
Word Origin for écu
C18: from Old French escu, from Latin scūtum shield