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eurodollar::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | eurocurrency, united states dollar |
Examples of eurodollar
eurodollar
For example, the rate on a 12-month eurodollar CD is about 0.85 percent.
From the suntimes.com
Eurodollar futures rose, as expectations increased that the London interbank offered rate will extend declines.
From the bloomberg.com
A curious new trend in the eurodollar-futures market, however, hints that interest-rate hikes may end sooner than most assume.
From the economist.com
So happened in the 20s and 30s, and this round will end like then with a deutsche-like crash of the eurodollar, once the yuan becomes convertible.
From the economist.com
Eurodollar Dollars deposited in foreign banks, with the futures contract reflecting the rates offered between US banks and foreign banks.
From the forbes.com
Soros said that China would gradually allow trading in its currency through a third party like Hong Kong, similar to how London became the third-party intermediary for the eurodollar market.
From the dealbook.nytimes.com
- A United States dollar deposited in a European bank and used as an international currency to finance trade
- Eurodollars are deposits denominated in U.S. dollars at banks outside the United States, and thus are not under the jurisdiction of the Federal Reserve. Consequently, such deposits are subject to much less regulation than similar deposits within the U.S., allowing for higher margins. ...
- (Eurodollars) US dollars deposited in Europe.
- (Eurodollars) US dollars placed on deposit outside the US national banking system and not subject to US law restricting interest rate levels. Developed due to surplus of US dollars held by other countries as a result of US's persistent balance of payments deficit.
- Eurodollars are US dollar dominated deposits at banks outside the United States. The Eurodollar is usually out of reach for all but it is the largest money institution and the only way individuals can invest is indirectly through money market fund. ...
- A dollar deposit acquired by a person or bank not residing in the United States and held outside the United States and therefore not subject to US reserve restrictions.
- Originally referred to U.S. dollar-denominated deposits in commercial banks located in Europe. Over time, the term came to include deposits in a commercial bank in any country denominated in any currency other than that of the country. Now sometimes called eurocurrencies.
- N. A common, shorthand form of "European Currency Unit."
- US currency held in banks outside the US, primarily in Europe.
