Eurodollar

noun

Eu·​ro·​dol·​lar ˈyu̇r-ō-ˌdä-lər How to pronounce Eurodollar (audio)
: a U.S. dollar held as Eurocurrency

Examples of Eurodollar in a Sentence

Recent Examples on the Web 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 And yet by the end of the 1960s, all had already changed, thanks to brilliant wheezes thought up by a London bank: the Eurobond and the Eurodollar. Geoffrey Wheatcroft, The New Republic, 24 Aug. 2022 To eliminate cryptocurrency volatility, Terra engineers built a suite of decentralized digital coins pegged to real world fiat currencies like the US dollar, Korean won, and the Eurodollar. Jon Markman, Forbes, 16 May 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'Eurodollar.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1960, in the meaning defined above

Time Traveler
The first known use of Eurodollar was in 1960

Dictionary Entries Near Eurodollar

Cite this Entry

“Eurodollar.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Eurodollar. Accessed 13 Apr. 2024.

Legal Definition

Eurodollar

noun
Eu·​ro·​dol·​lar ˌyu̇r-ō-ˈdä-lər How to pronounce Eurodollar (audio)
: a U.S. dollar held as Eurocurrency

More from Merriam-Webster on Eurodollar

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