Eurocurrency

noun
Eu·​ro·​cur·​ren·​cy | \ ˌyu̇r-ō-ˈkər-ən-sē How to pronounce Eurocurrency (audio) , -ˈkə-rən-\

Definition of Eurocurrency

: moneys (as of the U.S. and Japan) held outside their countries of origin and used in the money markets of Europe

First Known Use of Eurocurrency

1961, in the meaning defined above

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The first known use of Eurocurrency was in 1961

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Eurocurrency

noun
Eu·​ro·​cur·​ren·​cy | \ ˌyu̇r-ō-ˈkər-ən-sē How to pronounce Eurocurrency (audio) \
plural Eurocurrencies

Legal Definition of Eurocurrency

: currency (as from the U.S. and Japan) held outside its country of origin and used in the money markets of Europe

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something valued as if it were money

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