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单词 green pound
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green pound
green pound n. the exchange rate for the pound (occasionally also that for the Irish punt) formerly applied to payments for agricultural produce made under the Common Agricultural Policy of the European Union and its predecessors.The green pound and similar ‘green’ currencies were abolished on the introduction of European Monetary Union in 1999.
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society > trade and finance > money > standards and values of currencies > [noun] > money of account > for agriculture in Britain and Ireland
green pound1974
society > trade and finance > money > standards and values of currencies > [noun] > money of account > connected to certain economic groups
green pound1974
pink pound1984
1974 Times 2 Sept. 1/4 The Irish, as food exporters, have been urging a reduction in the green pound because it would raise prices paid to their farmers and cut taxes at present levied on such exports as beef.
1974 Financial Times 14 Sept. 12/3 Britain and Ireland have what is labelled a Green Pound because sterling is floating in relation to the currencies of other EEC members.
1997 Farmers Guardian 19 Sept. 13/8 Successive revaluations of the green pound have now knocked over 4p per litre off milk prices.
extracted from greenadj.n.1
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