European Economic Community (EEC)

Now incorporated in the European Union (EU).

Similar financial terms

European Central Bank (ECB)
The Central Bank for the new European Monetary Union.

European Union (EU)
The European Union (EU) is a union of twenty-five independent states based on the European Communities and founded to enhance political, economic and social co-operation. The union was formerly known as the European Community (EC) and European Economic Community (EEC).

The common currency in the EU is the euro (EUR. Still, some countries have chosen to stay outside the European Monetary Union.

At the moment, the 25 member states are:
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Gives the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a given date. Investors, not companies, issue options. Investors who purchase call options bet the stock will be worth more than the price set by the option (the strike price), plus the price they paid for the option itself. Buyers of put options bet the stock's price will go down below the pr ...

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