euro

eu-ro · noun

imported

Definitions

noun

  1. 1.

    The official currency of the eurozone, used by 20 of the 27 European Union member states.

  2. 2.

    A monetary unit equal to 100 cents.

Forms

plural: euros

Phrases & expressions

  • •
    eurozone — the area where the euro is the official currency
  • •
    euro area — another term for the eurozone
  • •
    eurocent — one hundredth of a euro

Related words

See also: European, currency, eu, euros

Etymology

Named after Europe, the continent where most countries using the currency are located. The name was adopted at the Madrid European Council meeting in December 1995.