Exchange Rate Mechanism — (ERM) Introduced as part of the European Monetary System in 1979, the ERM was the first stage of a plan for closer financial integration within the European Union. It was designed to minimise currency exchange fluctuation among the countries… … Glossary of UK Government and Politics
Fixed exchange-rate system — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibil … Wikipedia
European Exchange Rate Mechanism — The European Exchange Rate Mechanism, ERM, was a system introduced by the European Community in March 1979, as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe, in… … Wikipedia
European Exchange Rate Mechanism — noun (singular) the ERM; a system for controlling the exchange rate between the money of the different countries of the European Union … Longman dictionary of contemporary English
European exchange rate mechanism — ( ERM) The system that countries in the European Union once used to pay exchange rates within bands around an ERM central value. Bloomberg Financial Dictionary … Financial and business terms
Union busting — is a practice that is undertaken by an employer or their agents to prevent employees from joining a labor union, or to disempower, subvert, or destroy unions that already exist.During contract negotiations, established unions may declare a strike … Wikipedia
Union of Soviet Socialist Republics — a former federal union of 15 constituent republics, in E Europe and W and N Asia, comprising the larger part of the former Russian Empire: dissolved in December 1991. 8,650,069 sq. mi. (22,402,200 sq. km). Cap.: Moscow. Also called Russia, Soviet … Universalium
rate — Proportional or relative value, measure, or degree. The proportion or standard by which quantity or .value is adjusted. Thus, the rate of interest is the proportion or ratio between the principal and interest; the buildings in a town are rated… … Black's law dictionary
Union Minière du Haut Katanga — The Union Minière du Haut Katanga (UMHK) is a Belgian mining company, once operating in Katanga, in what is now the Democratic Republic of the Congo (formerly, Congo Free State, from 1908, Belgian Congo, from 1972, Zaire). It was created on… … Wikipedia
international payment and exchange — ▪ economics Introduction international exchange also called foreign exchange respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… … Universalium
Foreign-exchange reserves — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… … Wikipedia