Lat. In going and returning. Applied to vessels. 3 C. Rob.Adm. 141.
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EUNDO, MORANDO, ET REDEUNDO
Lat. Going, remaining, and returning. A person who is privileged from arrest (as awitness, legislator , etc.) is generally so privileged eundo, morando, et redcundo; that is,on his way to […]
EUNOMY
Equal laws and a well-ad- justed constitution of government.
EUNUCH
A male of the human species who has been castrated. See Domat, liv.pr61. tit. 2.
EUREX
Joint operation of Deutsche Boerse Ag and SWX Swiss Exchange. Major locations are Chicago, Frankfurt, London, Paris, and Zurich. An electronic futures and options exchange.
EURO
European Union currency, voted as a unified banking currency. The European Union (EU), except Britain, Denmark, and Greece use it as a national currency . Established January 1, 2002.
EURO COMMERCIAL PAPER (ECP)
Short term, unsecured discount DEBT securities with maturities ranging from 1 to 360 days issued by companies in the EUROMARKETS. A SYNDICATE of DEALERS places ECP on a BEST EFFORTS […]
EURO INTERBANK OFFERED RATE (EURIBOR)
The OFFER side of the EURObased interbank DEPOSIT market, or the rate at which prime BANKS are willing to lend funds. EURIBOR, which is set every business day at 11 […]
EURO MEDIUM-TERM NOTE (EMTN)
A FIXED INCOME security issued by a company or sovereign entity in the EUROMARKETS from a standing program arranged by an UNDERWRITER ; once the program is registered issuance can […]
EURO OVERNIGHT INDEX AVERAGE (EONIA)
Benchmark rate in the European Banking Federation based on overnight weighted averages of market offers f or the markets . The rate is calculated by taking the weighted average of […]
EUROBOND
Offshore issue of a corporate or government bond , usually a bearer bond . Typically issued in Luxembourg or Netherlands Antilles. Exists beyond the regulations of the issuing country. Uses […]
EUROCLEAR
International clearing house based in Brussels, Belgium for multicurrency cash clearing and settlement for internationally traded securities. Managed by Morgan Guaranty for owner banks. .
EUROCURRENCY
Any currency from a specific country that is deposited or traded in another country. Known as Eurodollars, Eurosterling, or Euroyen.
EURODOLLAR
Commonly used for settling international transactions, US currency or funds held outside the US in bank accounts.
EUROJUNK
European issued junk bonds. The Virgin Group is an example of an issuer.
EUROLIBOR
Dollar-driven LIBOR sibling as a euro-driven alternative for British Bankers associations.
EUROLOAN
Foreign currency denomination -based loan.
EUROMARKET
Commonly known as Eurobond, Eurloan, and Euronote markets.
EURONEXT
International stock and derivatives exchange. From the merger of the Amsterdam, Brussels, and Paris exchanges and the purchase of London International Financial Futures and Options Exchange (LIFFE) and the Bolsa […]
EURONOTE
Offshore issue. Excludes the country and currency of the issuer. Short term of 6 months or less, unsecured promissory note .
EUROPE, AUSTRALIA, AND FAR EAST INDEX (EAFE INDEX)
Regional index based on 20 economies’ performance as a securities market.
EUROPEAN ARTICLE NUMBERING (EAN) CODE
Barcode with a 13-digit numbering scheme. Considered to be a world-wide standard, replaced the prior 10-number schemed UPC. Main use is identifying packages, shipping containers, and parts for shipment tracking.
EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOP
An international development BANK created in 1990 to assist in the economic development of Central and Eastern European nations via infrastructure and project LOANS to private and public sector borrowers.
EUROPEAN CENTRAL BANK (ECB)
The central bank of the European Union (EU) area. Responsible for planning and rolling out the EU money-management polices. Organized January 1, 1999. This bank is independent from all EU […]
EUROPEAN COAL AND STEEL COMMUNITY
Collaborative managing group for many countries in Europe over the combined production of coal, iron and steel. The Treaty of Paris in 1951 began this effort. In 2002 this community […]