Eurodollar
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About Our Definitions: All forms of a word (noun, verb, etc.) are now displayed on one page.Eu·ro·dol·lar
noun \ˈyu̇r-ō-ˌdä-lər\Definition of EURODOLLAR
: a United States dollar held as Eurocurrency
First Known Use of EURODOLLAR
1960
Rhymes with EURODOLLAR
Eurodollar
noun (Concise Encyclopedia)U.S. dollar that has been deposited outside the U.S., especially in Europe. Foreign banks holding Eurodollars are obligated to pay in U.S. dollars when the deposits are withdrawn. Most Eurodollars are used to finance trade, but many central banks also operate in the Eurodollar market. See also currency, foreign exchange.
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Previous Word in the Dictionary: Eurocurrency
All Words Near: Eurodollar
Previous Word in the Dictionary: Eurocurrency
All Words Near: Eurodollar
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