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Home > QFINANCE Dictionary > Definition of ERM

Definition of


  • 1. Currency & Exchange

    former system for stabilizing European Community exchange rates a system to maintain exchange rate stability used in the past by member states of the European Community.

    Related definitions of "ERM"

  • 2. Risk


    procedure for reducing risk to organization enterprise risk management: the process of planning and establishing control systems in order to minimize the risks that an organization faces, including financial, strategic, operational, and hazard risks.

Definitions of ’ERM’ and meaning of ’ERM’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’ERM’ and other financial terms with our online QFINANCE Financial Dictionary.

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