Definition of “ECU” - English Dictionary


(Definition of “ECU” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“ECU” in Business English

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ECUnoun [ C ]

also ecu uk us MONEY, ECONOMICS

abbreviation for European Currency Unit: the currency that was used within the European Monetary System before the euro. The ECU was based on the value of several different currencies within the European Union and used for investment and accounting purposes, not as the currency of any particular country.

(Definition of “ECU” from the Cambridge Business English Dictionary © Cambridge University Press)

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