Category: E

Definition The European Monetary System (EMS) was a framework established in 1979 to stabilize exchange rates and counter inflation among European Union (EU) countries. It

Definition The European Central Bank (ECB) is the primary monetary authority for the Eurozone, which consists of European Union (EU) member states that have adopted

Definition The European Community (EC) refers to a former organization established by the Treaty of Rome in 1957 to promote economic integration and democratic principles

Definition A European option is a type of financial derivative contract, specifically an option contract, that can only be exercised at the time of its

Definition The European Currency Unit (ECU) was a monetary unit used by the European Community before the introduction of the Euro in January 1999. It

Definition The European Sovereign Debt Crisis refers to the struggle faced by European nations in the late 2000s and early 2010s to repay their government

Definition The Eurozone, also known as the Euro area, refers to the 19 of 27 European Union (EU) member nations that have adopted the euro

Definition Ex-dividend refers to a time period in which any new buyers of a stock are not entitled to receive the next dividend payment. The

Definition An Evergreen loan is a revolving loan that does not have a fixed repayment schedule, but instead requires ongoing, typically minimum, payments to stay

Definition An ex gratia payment is a sum of money paid when there’s no obligation or liability to do so. It is considered a gesture