Euro-based
Relating to or primarily dependent on the euro currency or the Eurozone. It describes economic activities, financial instruments, businesses, or policies that are denominated, conducted, or primarily focused on the economic area and currency of the European Union member states that have adopted the euro. This includes aspects like pricing, investments, trade, funding, and regulatory frameworks. The term emphasizes a reliance on the euro's stability and market dynamics.
Euro-based meaning with examples
- The company's sales reports showed a significant increase in euro-based transactions, reflecting a strong performance in the European market. Expansion strategies will prioritize regions with strong euro-based economic stability and market opportunities. The company's currency hedging strategies will incorporate the impact of fluctuations in the euro.
- Investors showed a preference for euro-based bonds, perceiving them as a safe haven amidst global economic uncertainty. The fund's portfolio is heavily weighted with euro-based assets, providing diversified investment into markets using the single currency. Due to the economic landscape in the EU, most of the investors were looking at euro-based options to grow their wealth.
- The firm implemented euro-based accounting standards to align with international best practices and streamline financial reporting. With plans to open a new branch, they had to find skilled staff who have experience with euro-based transactions, including paying staff, receiving payments, and overall daily operations. This will ensure their business aligns with the needs of the market.
- The new import duties were implemented with the new trade regulations and were euro-based to prevent inflation. To deal with the complex process, the government developed euro-based regulations to ensure that everyone had the same rules to play by. The focus on trade has led to an increase in euro-based business as a whole.
Euro-based Synonyms
euro denominated
euro-centric
euro-denominated
euro-focused
eurozone-dependent
eurozone-related
single-currency based
Euro-based Antonyms
dollar-based
non-euro
non-euro-denominated
non-eurozone-dependent
non-eurozone-related
yen-based