stability pact

sta·bil·i·ty pact

S s

Definition of stability pact words

noun stability pact an agreement between the member states of the EU which have joined the single currency, the aim of which is to secure the currency's stability by imposing fines on member states whose budget deficits exceed 3 per cent of their gross domestic product 0

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exclamation

A common word. It’s meaning is known to most children of preschool age. About 91% of English native speakers know the meaning and use the word.

Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

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