| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| European Monetary Agreement | Finance | Agreement which replaced the European Payments Union, when the western European countries restored currency convertibility. It continued the banking function of the EPU in relation to the clearing of balances between members, the main difference being that all settlements had to be made in gold or convertible currencies and the granting of automatic credits was terminated. Source: European Union. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
