Eurodollar
/ˈjʊərəʊˌdɒlə
/noun
A US dollar held in Europe or elsewhere outside the US: the Eurodollar market...
- We have today the powerful money market fund complex, as well as instruments such as repurchase agreements and Eurodollars.
- In the same way, US dollars deposited in banks in the UK become Eurodollars.
- Repurchase Agreements added $1.2 billion, as Eurodollars declined less than $1 billion.
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