euro

1. wallaroo.

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. €

1. European.

   a Euro expert.

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.

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

1. Europe or European

   eurodollar

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.