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Euro Meaning: Definition, Examples, and Translations

๐Ÿ’ถ
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euro

[หˆjสŠษ™rษ™สŠ ]

Definitions

Context #1 | Noun

currency

The official currency of the European Union, used by 19 of the 27 member countries. It is the second most traded currency in the world after the US dollar. The euro is symbolized by โ‚ฌ and is subdivided into 100 cents.

Synonyms

EUR.

Which Synonym Should You Choose?

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Word Description / Examples
euro

Starting a sentence when referring to the euro or when used as a title. Could also be used to emphasize the currency.

  • Euro bills come in different colors and sizes.
  • Euro is the official currency of 19 out of 27 European Union countries.
EUR

Official or formal contexts, such as financial documents, transactions, or in the context of international business.

  • The payment must be made in EUR.
  • The company reported a profit of EUR 2 million.

Examples of usage

  • I exchanged my dollars for euros before traveling to Europe.
  • The euro has been in circulation since 2002.
Context #2 | Noun

soccer

A prestigious international soccer tournament held every four years, organized by the Union of European Football Associations (UEFA) for European national teams. The tournament features top European teams competing for the coveted trophy.

Synonyms

European Championship.

Which Synonym Should You Choose?

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Word Description / Examples
euro

This term, when capitalized, generally refers to the continent of Europe or anything related to European identity and culture. It can also be a shorthand for certain entities, such as the European Union or Euro regions.

  • Euro cuisine is diverse and rich in flavors.
  • Euro policies have a significant impact on global trade.
European Championship

This term is used to describe large and prestigious sporting events that determine the best competitors in Europe in various sports. It is commonly used in sports-related discussions and media.

  • The European Championship in football attracts millions of viewers.
  • Our team is preparing for the European Championship in swimming.

Examples of usage

  • The Euro 2020 tournament was postponed to 2021 due to the pandemic.
  • Portugal won the Euro championship in 2016.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Historical Origins

  • The euro was created to facilitate easier trade between European nations and promote economic stability.
  • The Maastricht Treaty of 1992 laid the groundwork for the creation of the eurozone, initiating the use of a common currency.
  • By 2002, euro banknotes and coins were put into circulation, replacing national currencies like the French franc and German mark.

Pop Culture

  • The introduction of the euro sparked a huge cultural change in Europe, influencing everything from tourism to shopping.
  • Euro banknotes feature famous European architectural styles, giving a nod to the continentโ€™s rich history.
  • In movies and literature, the euro is often depicted as a symbol of unity among European nations.

Economics

  • As a single currency, the euro simplifies transactions and reduces exchange rate risks for businesses and travelers.
  • Countries in the eurozone have to meet strict economic criteria to join, ensuring a stable economy.
  • The European Central Bank manages the euro, much like the Federal Reserve operates the dollar, maintaining currency stability.

Travel and Tourism

  • Using the euro makes it easier for tourists to travel across different European countries without needing to exchange money.
  • Many European landmarks and attractions now have pricing in euros, showcasing its widespread adoption.
  • The euro has encouraged cross-border experiences and travel in Europe, as access to various countries has become more seamless.

Origin of 'euro'

Main points about word origin

  • The word 'euro' comes from the term 'Europe', reflecting its European origins.
  • It was officially introduced in 1999, becoming the second most traded currency globally after the dollar.
  • The symbol for the euro (โ‚ฌ) was inspired by the Greek letter epsilon (ฮ•) and represents stability.

The word 'euro' originated from the Latin word 'euro' which means 'Europe'. The euro currency was introduced on January 1, 1999, as an electronic currency and became a physical currency in 2002. The euro symbol โ‚ฌ was inspired by the Greek letter epsilon (ะ„) as a nod to the cradle of European civilization. The euro was created to facilitate trade and economic growth among European countries and to further integrate the European Union.

Word Frequency Rank

At position #14,812, this word is part of sophisticated English vocabulary. It's useful for academic or professional contexts where precise language is needed.