Supranational

AAA

DEFINITION of 'Supranational'

An international organization, or union, whereby member states transcend national boundaries
or interests to share in the decision-making and vote on issues pertaining to the wider grouping.

INVESTOPEDIA EXPLAINS 'Supranational'

The European Union and the World Trade Organization are both supranationals. In the EU, each member votes on policy that will affect each member nation. The benefits of this construct for the EU are the synergies derived from social and economic policies along with a stronger presence on the international stage.

RELATED TERMS
  1. Central Bank

    The entity responsible for overseeing the monetary system for ...
  2. EUR

    The currency code used in the general industry to represent the ...
  3. Synergy

    The concept that the value and performance of two companies combined ...
  4. European Monetary System - EMS

    A 1979 arrangement between several European countries which links ...
  5. European Central Bank - ECB

    The central bank responsible for the monetary system of the European ...
  6. Eurasian Economic Union (EEU)

    An economic union created in 2014 by a treaty signed by Russia, ...
Related Articles
  1. How The U.S. Government Formulates Monetary ...
    Personal Finance

    How The U.S. Government Formulates Monetary ...

  2. What Are Central Banks?
    Personal Finance

    What Are Central Banks?

  3. Who are the key players in the bond ...
    Investing

    Who are the key players in the bond ...

  4. Are Countries Leaving The EU?
    Economics

    Are Countries Leaving The EU?

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center