: a U.S. dollar held as Eurocurrency

Examples of Eurodollar in a Sentence

Recent Examples on the Web
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Volatility on Eurodollar options—used by traders to wager where central bankers will take interest rates—slipped to its lowest level in roughly a year, CME group data show. Eric Wallerstein, WSJ, 30 Jan. 2023 Under his plan, the government would essentially outlaw money-market mutual funds, repos, short-term commercial debt, and Eurodollar deposits. Robert Litan, Foreign Affairs, 1 Sep. 2016

Word History

First Known Use

1960, in the meaning defined above

Time Traveler
The first known use of Eurodollar was in 1960

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Cite this Entry

“Eurodollar.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Eurodollar. Accessed 31 Jul. 2026.

Legal Definition

Eurodollar

noun
: a U.S. dollar held as Eurocurrency

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