Euro

Definition

Euro is a noun that refers to the official currency used by the Eurozone countries in the European Union. It is symbolized as € and is divided into 100 cents.

Parts of Speech

• Noun

Pronunciation

American English

• IPA Pronunciation: /ˈjʊəroʊ/
• Respelling: YUR-oh

British English

• IPA Pronunciation: /ˈjʊərəʊ/
• Respelling: YUR-oh

Etymology

The term "euro" was introduced in 1995, derived from "Europe," to name the single currency adopted by several countries within the European Union. The currency was officially launched in 1999 and has since become one of the world's most widely used currencies.

Derivatives

• Eurozone (noun)
• Eurocentric (adjective)
• Eurosceptic (noun)
• Eurocrat (noun)
• Euroland (noun, informal)

Synonyms

• Currency
• Money
• Legal tender

Antonyms

• None

Usage

The noun "euro" is used to refer to the currency in circulation within the Eurozone, as in "The price is 50 euros." It is a key term in discussions of international finance, travel, and trade across European countries using the euro.

Related Terms

• Currency: The system of money in use within a country or region.
• Exchange rate: The rate at which one currency can be exchanged for another.
• European Union: The political and economic union of countries in Europe, some of which use the euro.

Detailed Definitions

Noun

• The official currency of the Eurozone countries: Refers to the currency adopted by many European Union countries, symbolized by €.
  • Example: "Germany and France both use the euro as their official currency."
• A unit of currency equal to 100 cents: Refers to the basic monetary unit in the euro system.
  • Example: "The item costs 20 euros."