n.
- The money market in Eurocurrency or Eurobonds.
- The Common Market.
Dictionary:
Eu·ro·mar·ket (yʊr'ō-mär'kĭt)
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| Investment Dictionary: Euromarket |
The market that includes all of the European Union member countries - many of which use the same currency, the euro. All tariffs between Euromarket member countries have been abolished, and import duties from all non-member countries have been fixed for all of the member countries. The Euromarket also has one central bank for all of the member countries, the European Central Bank (ECB).
Also known as "the common market".
Investopedia Says:
The Euromarket is a large single market comprised of all member countries, allowing for more efficient trade and the centralization of monetary policy through the ECB. The Euromarket is considered a major finance source for international trade, through the money market or eurocurrency, eurocredit and eurobonds.
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| What is Euromarket? | |
| How euromarket came into existence? | |
| Euromarket in financial management? |
Copyrights:
![]() | Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved. Read more | |
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