Definition of ecu in English:

ecu

(also ECU)

noun

  • former term for euro
    • ‘For example, the Pesca programme spent 12 million ecus in Brittany between 1994 and 1999, on actions to promote processing, to improve the quality of fish products, or to train or retrain sailors.’
    • ‘Over the period 1989-1993 Ireland received 1.5 billion ecu, or slightly less than 8% of the total amount available from the ESF.’
    • ‘In addition to the revenues from numerous lands in the Ile-de-France, in Brittany and the south, he earned an estimated 25,000 ecus per year from his royal offices.’
    • ‘A stock of ecus would be created by each member state depositing 20 per cent of its gold and 20 per cent of its foreign currency reserves with a European Monetary Fund.’
    • ‘They also suggested that perhaps her liberty could be purchased with 20-30,000 ecus.’

Origin

Acronym from European currency unit.

Pronunciation:

ecu

/ˈɛkjuː/