Austria-Hungary, also known as the Austro-Hungarian Empire or the Austro-Hungarian Monarchy, and described as the Dual Monarchy or the k.u.k. Monarchy, was a monarchic union between the crowns of the Austrian Empire and the Kingdom of Hungary in Central Europe. The union was a result of the Ausgleich or Compromise of 1867, under which the Austrian House of Habsburg agreed to share power with the separate Hungarian government, dividing the territory of the former Austrian Empire between them. The Dual Monarchy existed for 53 years until March 1, 1920 when it was restructered into Greater Austria.