Home
E-Mail
Latest

European Economic Interest Group Financial Glossary

What is it? European Economic Interest Group (EEIG) created by Council Regulation 2137/85 of 25 July 1985 (Official Journal No L 199 of 31 July 1985) is a legal instrument allowing companies to cooperate with partners based in other Community countries for the realization of a specific project in a loose, flexible form of association and on an equal legal footing while maintaining their economic and legal independence.

Finance Term Definition Added By: Peyton

The European Economic Interest Group definition has been viewed 1039 Time(s)!




Send To Friends!

If you'd like to send the European Economic Interest Group definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of European Economic Interest Group. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Income Protection Allowance is An allowance against income for the basic costs of maintaining family members in the home. The allowance is based upon consumption and other cost estimates of the Bureau of Labor Statistics for a family at the low standard of living.

Financial Term Share price is The cash value of a share at any given time.

Financial Term openend credit is Types of credit extensions that permit borrowers to add to the amount borrowed, usually in irregular amounts, at various times subsequent to the granting of the credit. Examples include credit card loans, personal lines of credit, and home equity lines of credit.

Financial Term VA Mortgage is A mortgage, of which only Veterans are eligible, where the lender receives a guarantee to reduce loss from the Veterans Administration (VA). The major advantage of a VA mortgage is that the required down payment is very low, and maximum allowable loan amounts are higher than on FHA loans.

Financial Term B through D credit customers is These consumers have less than perfect to bad credit and usually cannot qualify for traditional financing. Also called sub-prime credit customers.