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LSDefine
Simple English definitions for legal terms
euro
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A quick definition of euro:
Term: EURO
Definition: The euro is the official currency used in most countries of the European Union. It was introduced on January 1, 1999, and is currently used in 19 countries. These countries include Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain. Euro notes and coins were first issued on January 1, 2002.
A more thorough explanation:
EURO
Euro is the official currency used in most countries of the European Union. It became the single currency of the participating countries on January 1, 1999. The countries that currently use the euro are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain. Euro notes and coins were issued on January 1, 2002.
When you travel to France, you will need to exchange your dollars for euros so that you can buy things there.
If you want to buy a souvenir from Italy, you will need to pay in euros.
These examples illustrate how the euro is used as a currency in different countries. When traveling to a country that uses the euro, you need to exchange your own currency for euros in order to buy things there.