European Economic Community

noun

1. official name of the Common Market. EEC

European Economic Community

noun

1. EEC. Informal name: Common Market. the former W European economic association created by the Treaty of Rome in 1957; in 1967 its executive and legislative bodies merged with those of the European Coal and Steel Community and the European Atomic Energy Community to form the European Community (now part of the European Union)

Word History and Origins

Origin of European Economic Community¹

First recorded in 1955–60