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European Currency Unit

British  

noun

  1. See ECU

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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One perhaps surprising alternative-currency enthusiast is the former central banker Bernard Lietaer, who was an architect of the European Currency Unit, the convergence system between 12 currencies that led to the euro.

From New York Times • Aug. 9, 2015

After years of debate, the leaders agreed to establish a single European Currency Unit, the ECU, as early as January 1997.

From Time Magazine Archive

In addition, the members created a new form of money, the European Currency Unit, or ecu.

From Time Magazine Archive

The European Currency Unit, or "ecu," is intended to be the precursor to a Common Market currency that would at least partly replace marks, francs, guilders and other national money.

From Time Magazine Archive

Helsinki tied the markkaa to the     EC's European Currency Unit to promote stability but was forced to devalue     the markkaa by about 12% in November 1991.

From The 1992 CIA World Factbook by United States. Central Intelligence Agency