euro

¹

[yoor-oh, yur-]

noun

plural

euros ,

plural

euro .

1. wallaroo.

euro

²

[yoor-oh, yur-]

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. €

Euro

³

[yoor-oh, yur-]

adjective

Informal.

1. European.

   a Euro expert.

Euro-

⁴

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.

euro

¹

/ 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

euro-

²

/ ˈjʊərəʊ- /

combining form

1. Europe or European

   eurodollar

euro

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.

Word History and Origins

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

French financial assets gained ground and the euro rose against the dollar Wednesday after the country’s prime minister moved toward securing a compromise to avoid a government collapse and pass next year’s budget.

Read more on The Wall Street Journal

Gross profit–a closely watched metric for companies operating in the semiconductor industry–came in at 3.88 billion euros, generating a 51.6% margin that beat consensus and touched the higher end of company guidance.

Read more on The Wall Street Journal

The firms have made no secret of their interest since SFR's parent company Altice had to restructure its 24 billion euro debt load with creditors earlier this year.

Read more on Barron's

The offer values the assets at 17 billion euros, or about $19.7 billion, the companies said Tuesday.

Read more on The Wall Street Journal

Creditors, including in the United Arab Emirates and Thailand, claim billions of euros from Signa, whose vast portfolio used to include New York's Chrysler Building and several prestigious department store chains in Europe.

Read more on Barron's