Common Currency
A shared currency that is used by different geographic or political groups. The Euro is a common currency of nations in the European Union, and the United States dollar serves as a common currency for many regions of the world. The use of common currencies facilitates business and trade across national or societal boundaries.
Browse by Subjects
economic and monetary union
euro ( )
European Central Bank
European Monetary Union
See All Related Terms »

marginal cost
Normal Market
payroll giving scheme
Martingale System
charge and discharge accounting