ECU definition

ECU means the European Currency Unit as defined and revised from time to time by the Council of the European Communities.
ECU means the European Currency Unit as determined by the Commission of the European Union.
ECU means the European Currency Unit as defined and revised from time to time by the European Monetary System of the European Community and/or Euros.

Examples of ECU in a sentence

  • The total tax revenue is calculated as follows: Total tax revenue in the group = the sum of regular tax payments of group members × 1.5Your tax rebate is: Tax rebate = total tax revenue of the group/4 Example 5The sum of all regular tax payments of your group is 160 ECU.

  • Your generated income is going to be converted into Euro and paid to you in cash.The exchange rate is 10 ECU = 1 Euro.During the experiment, communication with other participants is prohibited.

  • Your additional payment: (100 ECU − 70 ECU) × 0.6 = 30 ECU × 0.6 = 18 ECUExample 2Your actual income is 100 ECU, and you declare an income of 70 ECU.

  • Once you have verified that the ECU, Programmer and Calibration are up-to-date, plug the supplied programming module into the OBD-II port of the car, located below the steering column.

  • Total income = net income + tax rebate Example 6Your actual income is 100 ECU and you declared your actual income.


More Definitions of ECU

ECU means the European Currency Units as defined and revised from time to time by the Council of the European Community.
ECU or “European Currency Unit” means the currency basket that is, from time to time, used as the unit of account of the European Community as defined in European Council Regulation No. 3320/94;
ECU or “European Currency Unit” means the former currency basket, which was replaced by the euro on 1st January, 1999, that was, from time to time, used as the unit of account of the European Community as defined in European Council Regulation No. 3320/94;
ECU means the European Currency Unit as determined by the Commission of the European Union. “Exchange Act” means the Securities Exchange Act of 1934, as amended.
ECU means the European Currency Unit as defined and revised from time to time by the Council of the European Communities. “Euroclear” means the operator of the Euroclear System.
ECU means the ECU, as referred to in Article 109g of the Treaty and as defined in Council Regulation (EC) No. 3320/94, that is from time to time used as the unit of account of the European Communities; changes to the ECU may be made by the European Communities, in which event the ECU will change accordingly.