IPA: /ˈɛkjuː/
KK: /ˈekyu/
A former currency unit used in the European Community before the euro was introduced, representing a specific value in relation to the currencies of member countries.
Before the euro was adopted, many transactions in Europe were conducted using the ecu.
The word 'ecu' originates from Old French 'écu', meaning shield or coat of arms. It refers to a type of coin that was originally named for its design, which often featured a shield.
Think of a 'shield' ('écu' in Old French) to remember that 'ecu' refers to a coin that was named for its shield-like design.