释义 |
Eurodollar
Eu·ro·dol·lar E0241500 (yo͝or′ō-dŏl′ər)n. A US dollar on deposit with a bank abroad, especially in Europe.eurodollar (ˈjʊərəʊˌdɒlə) n (Currencies) (sometimes capital) a US dollar as part of a European holding. See eurocurrencyEu•ro•dol•lar (ˈyʊər əˌdɒl ər, ˈyɜr-) n. a U.S. dollar deposited in or credited to a European bank. [1955–60] ThesaurusNoun | 1. | Eurodollar - a United States dollar deposited in a European bank and used as an international currency to finance tradeEurocurrency - currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowingUnited States dollar - the basic unit of money in the United States | TranslationsEncyclopediaSeeEurodollarsEurodollar
EurodollarRefers to a certificate of deposit in U.S. dollars in a bank that is not located in the U.S. Most of the Eurodollar deposits are in London banks, but Eurodeposits may be anywhere other than the U.S. Similarly, a Euroyen or Euro DM deposit represents a CD in yen or DM outside Japan and Germany, respectively.EurodollarU.S. dollar deposits in banks outside the jurisdiction of the Federal Reserve; that is, outside the United States. Eurodollar futures contracts, which are based on eurodollar desposits, are a highly liquid investment traded on the Chicago Mercantile Exchange. Prices are determined by forecasting the three month USD LIBOR interest rate. Likewise, eurodollar sweeps are a popular short-term investment for large businesses.
The 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."Eurodollar A dollar-denominated deposit made in foreign banks or foreign branches of U.S. banks. Depositors sometimes transfer their funds to European banks in order to take advantage of higher interest rates. The Eurodollar is one type of Eurocurrency.Eurodollar.Eurodollars are US currency deposited in banks outside the United States but not always in Europe. Certain debt securities are issued in eurodollars and pay interest in US dollars into non-US bank accounts. Eurodollars are a form of eurocurrency. Eurodollar see EUROCURRENCY MARKET.Eurodollar Related to Eurodollar: Eurodollar Bond, Eurodollar DepositsWords related to Eurodollarnoun a United States dollar deposited in a European bank and used as an international currency to finance tradeRelated Words- Eurocurrency
- United States dollar
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