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European Monetary System (EMS)
European Monetary System (EMS)A system adopted by European Community members with the aim of promoting stability by limiting exchange-rate fluctuations. The system was originated in 1979 by the nine members of the European Community (EC). RELATED TERMS-------------------------------------- Stability The relative steadiness or safety of a security or fund compared to the market as a whole. SIMILAR TERMS-------------------------------------- Euro The Euro is the official national currency of most European Union countries, and its ISO code is EUR. One Euro is divided into 100 Cent units. Euro 21 de Inversiones, SICAV, S.A. Euro 21 de Inversiones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Euro CDs CDs issued by a U.S. bank branch or foreign bank located outside the U.S. Almost all Euro CDs are issued in London. Euro commercial paper Short-term notes with maturities up to 360 days that are issued by companies in international money markets. Euro lines Lines of credit granted by banks (foreign or foreign branches of U.S. banks) for Euro currencies. Euro medium term note (Euro-MTN) A nonunderwritten Euronote issued directly to the market. Euro-MTNs are offered continuously rather than all at once as a bond issue is and maturities are under five years. Euro note Short- to medium-term debt instrument sold in the Eurocurrency market. Euro straight A fixed-rate coupon Eurobond. Euro.NM Created on March 1, 1996, Euro.NM is a pan- network of regulated markets dedicated to growth companies, regardless of their sector of activity or country of origin. Euroarga, SICAV, S.A. Euroarga, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Euroarradi Siglo Xxi, SICAV, S.A. Euroarradi Siglo Xxi, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Euroarradi, SICAV, S.A. Euroarradi, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurobank A bank that regularly accepts foreign currency-denominated deposits and makes foreign currency loans. Eurobirdie, SICAV, S.A. Eurobirdie, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurobolsa Seleccion, S.A., SICAV Eurobolsa Seleccion, S.A., SICAV is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurobolsa Xxi, SICAV, S.A. Eurobolsa Xxi, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurobond A bond that is underwritten by an international syndicate, issued simultaneously to investors in a number of countries, and issued outside the jurisdiction of any single country. Eurobonds are often bearer bonds. Eurobrick de Inversiones, SICAV, S.A. Eurobrick de Inversiones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Euroclear The Euroclear group is the world's largest settlement system for domestic and international securities transactions, covering both bonds and equities for financial institutions located in over 80 countries. Eurocostergo de Inversiones, SICAV, S.A. Eurocostergo de Inversiones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurocredit market Comprises banks that accept deposits and provide loans in large denominations and in a variety of currencies. Eurocredits Intermediate-term loans of Euro currencies made by banking syndicates to corporate and government borrowers. Eurocurrency Instrument issued outside your country, but denominated in your currency. Eurocurrency deposit A short-term fixed-rate time deposit denominated in a currency other than the local currency. Eurocurrency market The money market for borrowing and lending currencies that are held in the form of deposits in banks located outside the countries where the currencies are issued as legal tender. Eurodolar Inversion, SICAV, S.A. Eurodolar Inversion, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurodollar Refers to a certificate of deposit in U.S. dollars in a bank that is not located in the U.S. Eurodollar bonds Euro bonds denominated in U.S. dollars. Eurodollar certificate of deposit A certificate of deposit paying interest and principal in dollars, but issued by a bank outside the United States, usually in Europe. Eurodollar obligations Certificates of deposit issued in U.S. dollars by foreign banks and foreign branches of U.S. banks. Euroduero 2002, SICAV, S.A. Euroduero 2002, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Euroequity Investment, SICAV, S.A. Euroequity Investment, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Euroequity issues Securities sold in the Euromarket. Eurofinatel Inversiones, SICAV, S.A. Eurofinatel Inversiones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurogas Corp. Eurogas Corp. is one of Canada's largest companies. EUROGold Limited EUROGold Limited is a large Australian company in the field of materials. Their Australian Stock Exchange (ASX) code is EUG. Eurohispano Opciones, SICAV, S.A. Eurohispano Opciones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurohypo Eurohypo is a top German corporation in the field of banking, and its estimated market value is 10,860 million US dollars. Eurojucar 2002, SICAV, S.A. Eurojucar 2002, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurolevante Inversiones, SICAV, S.A. Eurolevante Inversiones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Euronarcea 2002, SICAV, S.A. Euronarcea 2002, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Euronext Euronext is a top Dutch corporation in the field of diversified financials, and its estimated market value is 4,49 0 million US dollars. Europa Travel and Tours Albania Europa Travel and Tours Albania is a major Albanian tourism company. Europea de Gestion Eurogesa 4, SICAV, S.A Europea de Gestion Eurogesa 4, SICAV, S.A is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. European Aeronautic Defence Space Co.N.V European Aeronautic Defence Space Co.N.V is a Spanish company listed at Madrid Stock Exchange's Continuous Market. Its business activity is aerospace. European Association of Securities Dealers Automated Quotation (EASDAQ) European equivalent of Nasdaq. European Bank for Reconstruction and Development Bank targeted at Eastern Europe and the former Soviet Union. European Central Bank (ECB) Bank created to monitor the monetary policy of the countries that have converted to the Euro from their local currencies. The original 11 countries are: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. European Currency Unit (ECU) An index of foreign exchange consisting of European currencies, originally devised in 1979. European exchange rate mechanism (ERM) The system that countries in the European Union once used to pay exchange rates within bands around an ERM central value. European exercise A feature of an option that stipulates that the option may only be exercised at its expiration. European Goldfields European Goldfields is one of Canada's largest companies. European option Option that may be exercised only at the expiration date. European Options Exchange (EOE) Now AEX-Optiebeurs. European style exercise A method of exercising options contracts in which the buyer can only exercise the contract on the last day before expiration. European style option An option contract that can be exercised only on the expiration date. European terms A foreign exchange quotation that states the foreign currency price of one U.S. dollar. European Union (EU) An economic association of European countries founded by the Treaty of Rome in 1957 as a common market for six nations. It was known as the European Community until January 1, 1994 and currently comprises 15 European countries. European, Australia, and Far East index (EAFE index) Stock index, computed by Morgan Stanley Capital International. Europistas Concesionaria Espanola, S.A. Europistas Concesionaria Espanola, S.A. is a Spanish company listed at Madrid Stock Exchange's Continuous Market. Its business activity is motorways and parkings. Eurotalave 2002, SICAV, S.A. Eurotalave 2002, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Euroter 2002, SICAV, S.A. Euroter 2002, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurotunnel Eurotunnel is a top French/British corporation in the field of transportation, and its estimated market value is 0,81 0 million US dollars. Euroyen bonds Euro bonds denominated in Japanese yen. EUROZ Limited EUROZ Limited is a large Australian company in the field of diversified financials. Their Australian Stock Exchange (ASX) code is EZL. Eurozinc Mining Eurozinc Mining is one of Canada's largest companies. Eurozitro, SICAV, S.A. Eurozitro, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Eurozona Inversion, SICAV, S.A. Eurozona Inversion, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. PREVIOUS AND NEXT TERMS-------------------------------------- European Bank for Reconstruction and Development Bank targeted at Eastern Europe and the former Soviet Union. European Central Bank (ECB) Bank created to monitor the monetary policy of the countries that have converted to the Euro from their local currencies. The original 11 countries are: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. European Currency Unit (ECU) An index of foreign exchange consisting of European currencies, originally devised in 1979. European exchange rate mechanism (ERM) The system that countries in the European Union once used to pay exchange rates within bands around an ERM central value. European exercise A feature of an option that stipulates that the option may only be exercised at its expiration. European Monetary System (EMS) European option Option that may be exercised only at the expiration date. European Options Exchange (EOE) Now AEX-Optiebeurs. European style exercise A method of exercising options contracts in which the buyer can only exercise the contract on the last day before expiration. European style option An option contract that can be exercised only on the expiration date. European terms A foreign exchange quotation that states the foreign currency price of one U.S. dollar. We thank you for using the Financial Dictionary to search for European Monetary System (EMS). If you have a better definition for European Monetary System (EMS) than the one presented here, please let us know by making use of the suggest a term option. This definition of European Monetary System (EMS) may be disputed by other professionals. Our attempt is to provide easy definitions on European Monetary System (EMS) and any other medical topic for the public at large.
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