Definitions

1. noun

A unit of currency that was used in France from 1795 to 2002.

“The new law required all French businesses to accept the ecu as a form of payment.”

2. noun

A unit of currency that was used in some European countries, particularly the Netherlands and Luxembourg.

“In the past, the Dutch economy used the ecu as its official currency.”

3. noun

A unit of currency that was used in the European Union from 1999 to 2002.

“The European Central Bank managed the circulation of euros, which replaced the ecu in 2002.”

4. noun

A unit of currency that was used in some African countries, particularly Gabon and Senegal.

“The ecu was the official currency of Gabon from 1978 to 2017.”