euro

¹ American  

[yoor-oh, yur-] / ˈyʊər oʊ, ˈyɜr- /

noun

plural

euros,

plural

euro

1. wallaroo.

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euro ² American  

[yoor-oh, yur-] / ˈyʊər oʊ, ˈyɜr- /

noun

plural

euros, euro

1. (sometimes initial capital letter) the official common currency of 19 European Union nations (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain). It is also the official currency of Andorra, Kosovo, Monaco, Montenegro, San Marino, and the Vatican City. In 1999 the euro was first adopted by 11 nations as an alternative currency in noncash transactions. Then in 2002 the euro fully replaced existing currencies in 12 European Union nations, before being adopted more widely. €

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Euro ³ American  

[yoor-oh, yur-] / ˈyʊər oʊ, ˈyɜr- /

adjective

Informal.

1. European.

   a Euro expert.

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Euro- ⁴ American  

especially before a vowel, Eur-

1. a shortening of European used as a combining form, especially with the meaning “western European,” particularly in reference to the European financial market or the European Economic Community.

   Eurodollar; Eurofarmers.

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euro ¹ British  

/ ˈjʊərəʊ /

noun

1. the official currency unit, divided into 100 cents, of the member countries of the European Union who have adopted European Monetary Union; these are Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portgual, Slovakia, Slovenia, and Spain; also used by Andorra, Bosnia-Herzegovina, French Guiana, Guadeloupe, Kosovo, Martinique, Mayotte, Monaco, Montenegro, Réunion, San Marino, and the Vatican City

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euro- ² British  

/ ˈjʊərəʊ- /

combining form

1. Europe or European

   eurodollar

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euro Cultural  

1. The common currency used in eleven countries of the European Union (Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, The Netherlands, Portugal, and Spain). The euro became the official currency of these nations in 1999, but nations were not obliged to phase out their existing currencies until 2002. The expectation is that introduction of the euro will stimulate cross-border investment by eliminating fluctuating exchange rates.

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Etymology

Origin of euro¹

From Ngajuri (an Australian Aboriginal language spoken around Jamestown and Peterborough, South Australia) yuru

Origin of euro²

1970–75; shortening of Eurocurrency

Origin of Euro³

Independent use of Euro-

Example Sentences

The bank also pledged to hand out 100% of its profits to shareholders over the course of the plan and return around 16 billion euros in the five-year period.

From The Wall Street Journal

Operating profit before exceptional items—the company’s preferred metric, which strips out exceptional and other one-off items—rose 13.1% to 5.02 billion euros.

From The Wall Street Journal

The figure beat analysts’ forecasts of 285 million euros, according to consensus estimates provided by the company.

From The Wall Street Journal

Over the same period the combined TV revenue increase across clubs from the 53 other European top-division leagues was 1.6 billion euros.

From Barron's

The group posted a current operating loss of 842 million euros last year and will not pay any dividend.

From Barron's