ECONOMIC and MONETARY UNION Definition

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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

AVERAGE FUNDS EMPLOYED see FUNDS EMPLOYED.

DEFERRED ANNUITY is an annuity in which the income payments/withdrawals begin at some future date

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