Euro definition: Copy, customize, and use instantly
Introduction
The term "Euro" refers to the official currency of the Eurozone, which consists of European Union (EU) member states that have adopted the Euro as their legal tender. The Euro is widely used in international transactions and serves as a benchmark currency in global markets. In legal and contractual contexts, the term is often used to specify payment obligations, pricing, and financial calculations.
Below are various examples of how "Euro" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Euro" in payment clauses
This definition ties "Euro" to monetary obligations.
"Euro" means the lawful currency of the member states of the European Union that have adopted the single currency in accordance with the Treaty on the Functioning of the European Union.
Definition of "Euro" in loan agreements
This definition connects "Euro" to financial transactions.
"Euro" refers to the currency used for disbursement, repayment, and interest calculations under this loan agreement, as recognized by the European Central Bank.
Definition of "Euro" in pricing agreements
This definition links "Euro" to contract pricing.
"Euro" includes the official currency used for pricing, invoicing, and settlement under this agreement, as applicable to transactions within the Eurozone.
Definition of "Euro" in cross-border trade agreements
This definition applies "Euro" to international commerce.
"Euro" refers to the currency designated for payments in cross-border transactions between parties in or dealing with the Eurozone.
Definition of "Euro" in financial reporting agreements
This definition ties "Euro" to accounting standards.
"Euro" means the lawful currency of the Eurozone used for financial reporting and compliance with applicable International Financial Reporting Standards (IFRS).
Definition of "Euro" in derivatives contracts
This definition connects "Euro" to financial instruments.
"Euro" refers to the currency underlying transactions or settlements in derivatives contracts, as recognized by the European Central Bank.
Definition of "Euro" in foreign exchange agreements
This definition links "Euro" to currency conversion.
"Euro" includes the currency used for conversion rates in foreign exchange transactions involving the Eurozone and other currencies.
Definition of "Euro" in export-import contracts
This definition ties "Euro" to international trade payments.
"Euro" refers to the currency specified for invoicing and settlement of payments in export and import transactions involving Eurozone countries.
Definition of "Euro" in investment fund agreements
This definition connects "Euro" to fund valuation.
"Euro" means the currency used for calculating the net asset value (NAV) and other valuations in funds denominated in or involving the Euro.
Definition of "Euro" in licensing agreements
This definition links "Euro" to royalty payments.
"Euro" refers to the designated currency for royalty calculations, payments, and settlements under this licensing agreement.
Definition of "Euro" in tourism and hospitality agreements
This definition ties "Euro" to service pricing.
"Euro" means the currency used for quoting and settling charges for services provided in the Eurozone, including hospitality, travel, and tourism-related services.
Definition of "Euro" in real estate contracts
This definition connects "Euro" to property transactions.
"Euro" refers to the currency used for pricing, payment, and financing of real estate transactions within the Eurozone.
Definition of "Euro" in energy supply agreements
This definition links "Euro" to commodity pricing.
"Euro" means the currency specified for pricing, invoicing, and payment of energy supplies, including gas, electricity, and renewable energy, within the Eurozone.
Definition of "Euro" in tax compliance agreements
This definition ties "Euro" to fiscal obligations.
"Euro" refers to the official currency used for filing and settling tax obligations within jurisdictions that have adopted the Euro.
Definition of "Euro" in shipping and logistics agreements
This definition connects "Euro" to freight costs.
"Euro" includes the currency used for calculating freight rates, shipping charges, and other costs in logistics agreements involving Eurozone countries.
Definition of "Euro" in insurance agreements
This definition links "Euro" to policy premiums.
"Euro" refers to the currency specified for calculating and paying insurance premiums and claims within the Eurozone.
Definition of "Euro" in technology services agreements
This definition ties "Euro" to IT pricing.
"Euro" means the currency used for invoicing and settling payments for technology services, licenses, and subscriptions provided in or involving the Eurozone.
Definition of "Euro" in franchise agreements
This definition connects "Euro" to franchise fees.
"Euro" refers to the currency designated for payment of franchise fees, royalties, and other financial obligations under agreements within the Eurozone.
Definition of "Euro" in government procurement contracts
This definition links "Euro" to public sector payments.
"Euro" means the currency specified for pricing and payment in public procurement contracts issued by Eurozone member states.
Definition of "Euro" in corporate bonds
This definition ties "Euro" to debt instruments.
"Euro" refers to the currency in which corporate bonds are denominated, issued, and traded within the Eurozone.
Definition of "Euro" in employment agreements
This definition connects "Euro" to compensation terms.
"Euro" means the currency used for calculating and disbursing salaries, wages, and benefits for employees working in Eurozone countries.
Definition of "Euro" in retail agreements
This definition links "Euro" to consumer pricing.
"Euro" refers to the currency used for pricing, invoicing, and payment of goods and services sold within the Eurozone.
Definition of "Euro" in joint venture agreements
This definition ties "Euro" to joint funding.
"Euro" means the currency specified for capital contributions, distributions, and other financial transactions under joint venture agreements involving Eurozone entities.
Definition of "Euro" in education funding agreements
This definition connects "Euro" to scholarship and tuition payments.
"Euro" refers to the currency used for paying tuition fees, scholarships, and grants in educational institutions operating within the Eurozone.
Definition of "Euro" in cross-border financing agreements
This definition ties "Euro" to international financial transactions.
"Euro" means the currency specified for loan disbursements, repayments, and interest calculations in cross-border financing transactions involving Eurozone entities.
Definition of "Euro" in capital market agreements
This definition connects "Euro" to securities trading.
"Euro" refers to the currency used as the settlement and trading currency for securities listed on Eurozone stock exchanges.
Definition of "Euro" in corporate restructuring agreements
This definition links "Euro" to financial reorganization.
"Euro" includes the currency used for calculating debt repayments, asset valuations, and restructuring costs in agreements involving Eurozone companies.
Definition of "Euro" in derivatives clearing agreements
This definition ties "Euro" to clearinghouse operations.
"Euro" refers to the currency used for margin deposits, settlement, and clearing of derivatives transactions through Eurozone clearinghouses.
Definition of "Euro" in green bond issuance agreements
This definition connects "Euro" to sustainable financing.
"Euro" means the currency in which green bonds are denominated and issued to finance environmentally sustainable projects in the Eurozone.
Definition of "Euro" in transport and logistics contracts
This definition links "Euro" to freight and shipping costs.
"Euro" includes the currency specified for calculating and settling transportation fees, freight charges, and logistical expenses involving Eurozone countries.
Definition of "Euro" in software licensing agreements
This definition ties "Euro" to digital services pricing.
"Euro" refers to the currency designated for pricing and payment of software licenses and subscriptions provided within the Eurozone.
Definition of "Euro" in crowdfunding agreements
This definition connects "Euro" to funding platforms.
"Euro" means the currency used for contributions, payouts, and project funding on crowdfunding platforms operating in Eurozone markets.
Definition of "Euro" in healthcare agreements
This definition links "Euro" to medical services payments.
"Euro" refers to the currency specified for billing, payment, and reimbursement of healthcare services and medical supplies in the Eurozone.
Definition of "Euro" in intellectual property agreements
This definition ties "Euro" to IP transactions.
"Euro" includes the currency used for calculating and settling royalties, licensing fees, and other payments under intellectual property agreements involving Eurozone parties.
Definition of "Euro" in energy trading agreements
This definition connects "Euro" to energy pricing.
"Euro" refers to the currency specified for pricing and settlement of energy trades, including electricity and natural gas, within Eurozone markets.
Definition of "Euro" in e-commerce agreements
This definition links "Euro" to online transaction pricing.
"Euro" means the currency used for pricing, invoicing, and settling e-commerce transactions involving sellers and buyers in the Eurozone.
Definition of "Euro" in automotive supply agreements
This definition ties "Euro" to manufacturing costs.
"Euro" includes the currency used for pricing, billing, and payment of automotive parts and supplies within Eurozone markets.
Definition of "Euro" in credit card agreements
This definition connects "Euro" to payment terms.
"Euro" refers to the currency in which charges, interest, and repayments are calculated and billed for credit cards issued in Eurozone countries.
Definition of "Euro" in tourism agreements
This definition links "Euro" to travel pricing.
"Euro" means the currency used for calculating and settling travel-related costs, including hotel bookings, transport, and guided tours in the Eurozone.
Definition of "Euro" in aviation agreements
This definition ties "Euro" to airline operations.
"Euro" includes the currency used for settling payments related to airline ticketing, fuel purchases, and airport services within the Eurozone.
Definition of "Euro" in pension fund agreements
This definition connects "Euro" to retirement benefits.
"Euro" refers to the currency used for calculating contributions, investment returns, and payouts in pension funds operating in the Eurozone.
Definition of "Euro" in technology development agreements
This definition links "Euro" to project funding.
"Euro" means the currency specified for funding, invoicing, and cost-sharing in technology development projects involving Eurozone entities.
Definition of "Euro" in educational exchange programs
This definition ties "Euro" to student funding.
"Euro" includes the currency used for paying tuition fees, grants, and living expenses for participants in educational exchange programs within the Eurozone.
Definition of "Euro" in legal settlements
This definition connects "Euro" to dispute resolution payments.
"Euro" refers to the currency specified for the payment of damages, settlements, or judgments arising from disputes resolved in Eurozone jurisdictions.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.