European

See also: european

English

Alternative forms

Etymology

Borrowed from French Européen, via Latin europaeus, ultimately from Ancient Greek Ευρωπαίος (Eurōpaíos, European).

Pronunciation

  • (UK) IPA(key): /(ˌ)jʊəɹəˈpiːən/, /(ˌ)jʊəɹəˈpɪən/
  • (US) IPA(key): /ˌjʊɹəˈpi.ən/, [ˌjɝəˈpi.ən]
  • (file)

Adjective

European (comparative more European, superlative most European)

  1. Related to Europe or the European Union.
  2. (Australia, dated) Of the white ethnicity.
    Stamps like this were common on furniture made in Australia in the first half of last century, when there were a number of Chinese furniture makers in Australia who were seen as competition to 'European Australian' makers.
  3. (finance) (of an option, not comparable) Can be exercised only at the expiry date.
    • 2009, John C. Hull, Options, Futures, and other Derivatives (Seventh Edition), Pearson Education, page 182:
      All of these trade on the Chicago Board Options Exchange. Most of the contracts are European. An exception is the OEX contract on the S&P 100, which is American.
    • 2010, Johnathan Mun, Modeling Risk + DVD: Applying Monte Carlo Risk Simulation, Strategic Real Options, Stochastic Forecasting, and Portfolio Optimization (Second Edition), John Wiley & Sons:
      Based on the analyses throughout the case study, it is recommended that the use of a model that assumes an ESO is European style when, in fact, the option is American style with the other exotic variables should not be permitted, as this substantially overstates compensation expenses.
    • 2012, Hugo D. Junghenn, Option Valuation: A First Course in Financial Mathematics, CRC Press, page 53:
      Nevertheless, as we shall see, some properties of American options may be readily deduced from those of their European counterparts.

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Translations

Noun

European (plural Europeans)

  1. person living or originating from Europe
  2. person who resides within the European Union

Translations

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