Secured Loans
Euro-note
Short- to medium-term debt instrument sold in the Eurocurrency market.
European, Australian, and Far East index (EAFE index)
Stock index, computed by Morgan Stanley Capital International.
European Association of Securities Dealers Automated Quotation
(EASDAQ)
European Association of Securities Dealers Automated Quotation system.
European equivalent of N.A.S.D.A.Q.S..
European Currency Unit (ECU)
An index of foreign exchange consisting of about 10 European currencies,
originally devised in 1979. See: Euro
European Monetary System (EMS)
An exchange arrangement formed in 1979 that involves the currencies of
European Union member countries.
European option
Option that may be exercised only at the expiration date. Related: American
option.
European Options Exchange (EOE)
Now AEX-Optiebeurs. See: Amsterdam Exchanges (AEX).
European-style option
An option contract that can only be exercised on the expiration date.
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 before 1993 and is currently comprised of 15 European countries. Its
goals are a single market for goods and services without any economic barriers
and a common currency with one monetary authority. The E.U. was known as
the European Community until January 1, 1994.
