请输入您要查询的英文单词:

 

单词 eurocurrency
释义

Eurocurrency


Eu·ro·cur·ren·cy

E0241400 (yo͝or′ō-kûr′ən-sē, -kŭr′-)n. pl. Eu·ro·cur·ren·cies Funds deposited in a bank when those funds are denominated in a currency differing from the bank's own domestic currency.

eurocurrency

(ˈjʊərəʊˌkʌrənsɪ) n (Banking & Finance) (sometimes capital) a. the currency of any country held on deposit in Europe outside its home market: used as a source of short- or medium-term finance, esp in international trade, because of easy convertibilityb. (as modifier): the eurocurrency market.

Eu•ro•cur•ren•cy

(ˈyʊər oʊˌkɜr ən si, -ˌkʌr-, ˈyɜr-)

n., pl. -cies. funds, esp. U.S. funds, deposited in a European bank and payable in the currency of that country. [1965–70]
Thesaurus
Noun1.Eurocurrency - currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowingcurrency - the metal or paper medium of exchange that is presently usedEurodollar - a United States dollar deposited in a European bank and used as an international currency to finance trade
Translations
eurodeviseeurovaluta

Eurocurrency


Eurocurrency

Instrument issued outside your country, but denominated in your currency. A Eurodollar is a Certificate of Deposit in U.S. dollars issued in some other country (though mainly traded in London). A Euroyen is a CD issued in yen outside Japan.

Eurocurrency

Deposits in banks that are denominated in currencies other than the one in which that bank operates. For example, a eurodollar is a U.S. dollar deposit outside the jurisdiction of the Federal Reserve, that is, outside the United States. Eurodollar investments may be traded in any country other than the United States, but are usually traded in London. Likewise, a euroyen is a yen deposit outside Japan, thought it usually refers to a euroyen CD. It is important to note that term has nothing to do with the euro, and the prefix "euro-" is used more generally to refer to deposits outside the jurisdiction of the local central bank, e.g. "euroruble."

Eurocurrency

Funds deposited in a bank when those funds are denominated in a currency differing from the bank's own domestic currency. Eurocurrency applies to any currency and to banks in any country. Thus, if a Japanese company deposits yen in a Canadian bank, the yen will be considered Eurocurrency.

Eurocurrency.

Eurocurrency is any major currency that is deposited by a national government or corporation based outside the country where the bank receiving the funds is located.

For example, Japanese yen deposited in a British bank by a Japanese car manufacturer is considered eurocurrency.

Eurocurrency is used in international trade and to make international loans.

Eurocurrency


Related to Eurocurrency: Eurocurrency market, Eurocurrency deposit
  • noun

Words related to Eurocurrency

noun currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing

Related Words

  • currency
  • Eurodollar
随便看

 

英语词典包含2567994条英英释义在线翻译词条,基本涵盖了全部常用单词的英英翻译及用法,是英语学习的有利工具。

 

Copyright © 2004-2022 Newdu.com All Rights Reserved
更新时间:2025/2/19 9:15:50