Unit of account L.S.D units in ratio 240:12:1. The Florentine gold florin, the French franc and the electoral rheingulden all became pounds (240 denari) of account. Units of account would often survive over 100 years despite the original coins changing composition and availability (e.g. the Castilian maravedi). A modern unit of account is the European Currency Unit, used in the European Union from 1979 to 1998; its replacement in 1999, the Euro, was also just a unit of account until the introduction of notes and coins in 2002. Unit of account is the main way of calculating a carrier or ship owner's liability
Language and the euro but the euro is popularly used, particularly by individuals wanting to convert their savings into a more stable currency. "Euro" has colloquially been pronounced in the English fashion since its inception. In response to criticism of the widespread English pronunciation of "euro", the Turkish Language Association officially introduced "avro" into Turkish ("av" being the first syllable of the Turkish word for Europe, "Avrupa") in 1998. A concerted campaign by the Turkish Language Association has begun to blossom in recent years, with most sections of the Turkish media now using the new word. It has yet to enter widespread colloquial use,