Exchange Rate Mechanism
the mechanism formerly used in the European Monetary System in which participating governments committed themselves to maintain the values of their currencies in relation to the ECUAbbreviation: ERM
Also: Exchange Rate Mechanism II the mechanism used to stabilize the currencies of European Union states that have not adopted the euro but wish to maintain the value of their currency in relation to itAbbreviation: ERM II
The Strangest Winter Olympic EventsRead more in this article about some frequently asked questions and fun facts related to our definitions.
“Juridical Process” vs. “Judicial Process”Let’s bring some order to these two similar terms. The juridical process relates to the administration of the law. The judicial process is the series of steps a legal dispute goes through in the court system. It deals with procedural issues, and it determines the roles of the judge and the jury in a courtroom. The judicial process also deals with the role and jurisdiction …
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