Euromarket

The market that includes all of the European Union member countries - many of which use the same currency, the euro. All tariffs between Euromarket member countries have been abolished, and import duties from all non-member countries have been fixed for all of the member countries. The Euromarket also has one central bank for all of the member countries, the European Central Bank (ECB).

Also known as "the common market".

The Euromarket is a large single market comprised of all member countries, allowing for more efficient trade and the centralization of monetary policy through the ECB. The Euromarket is considered a major finance source for international trade, through the money market or eurocurrency, eurocredit and eurobonds.


Investment dictionary. . 2012.

Look at other dictionaries:

  • euromarket — eu‧ro‧mar‧ket [ˈjʊərəʊˌmɑːkt ǁ ˈjʊroʊˌmɑːr ] noun [countable] FINANCE the buying and selling of currencies and bonds etc in currencies outside their countries of origin: • The currency euromarkets were kept active yesterday with South African… …   Financial and business terms

  • Euromarket —   The Euromarket is an international capital market which, until recently, was concerned mainly with raising debt rather than equity capital. The term Euro is an historical one, denoting the issue of a security in a currency other than that of… …   International financial encyclopaedia

  • euromarket — 1) A market that emerged in the 1950s for financing international trade. Its principal participants are commercial banks, large companies, the central banks of members of the EU, and (from 1999) the European Central Bank. Its main business is in… …   Accounting dictionary

  • euromarket — 1) A market that emerged in the 1950s for financing international trade. Its principal participants are commercial banks, large companies, the central banks of members of the EU, and (from 1999) the European Central Bank. Its main business is in… …   Big dictionary of business and management

  • Euromarket — /yoor oh mahr kit, yerr , yoor euh mahr , yerr /, n. 1. Also, Euromart /yoor euh mahrt , yerr /. See Common Market (def. 1). 2. Finance. the money market in Eurocurrency or Eurobonds. [EURO + MARKET] * * * …   Universalium

  • Euromarket — n. European money market; financial transactions executed in a particular Eurocurrency …   English contemporary dictionary

  • Euromarket — noun 1》 a financial market which deals with Eurocurrencies. 2》 the European Union regarded as a single commercial or financial market …   English new terms dictionary

  • euromarket — eu·ro·market …   English syllables

  • Euromarket — Eu•ro•mar•ket [[t]ˈyʊər oʊˌmɑr kɪt, ˈyɜr [/t]] also Eu•ro•mart [[t] ˌmɑrt[/t]] n. gov European Economic Community • Etymology: 1960–65 …   From formal English to slang

  • Euromarket — / jυərəυmɑ:kɪt/ noun 1. the European Union seen as a potential market for sales 2. the eurocurrency market, the international market for lending or borrowing in eurocurrencies …   Dictionary of banking and finance

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