ECONOMIC and MONETARY UNION Definition

Bookmark and Share

ECONOMIC and MONETARY UNION (EMU) is the European Union's economic and monetary convergence among member countries, culminating in the introduction of a single currency, i.e. the Euro.

Learn new Accounting Terms

DEPTH OF MARKET is the number of shares of a security that can be bought or sold at the bid and ask prices near the inside market without causing a dramatic change in price.

REPLACEMENT COST NEW is the current cost of a similar new property having the nearest equivalent utility to the property being valued.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.