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EURO

   Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
AcronymDefinition
EUROEuropean Monetary Unit
EUROEuropean-American Unity and Rights Organization (formerly National Organization for European-American Rights)


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? References in periodicals archive
Broken down by event, Munich Re anticipates a loss of 75 million euro from Hurricane Charley; a 65 million euro hit from Hurricane Frances; a loss of 215 million euro from Hurricane Ivan; a loss of between 80 million euro and 100 million euro from Hurricane Jeanne; and a loss of 40 million euro from typhoons Songda and Chaba in Japan.
The conversion as of 1999 has to be made through the euro (triangulation)--for example, Dutch guilders to euros to French francs, using the fixed conversion factors for guilders and francs to the euro.
The insured losses appear likely to exceed 2 billion euro (approximately $2 billion), with some estimates reaching as high as $4 billion, based on figures released by insurers and reinsurers across the region.
 
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