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Eurodollar

Syllabification: Eu·ro·dol·lar
Pronunciation: /ˈyo͝orōˌdälər
 
/

Definition of Eurodollar in English:

noun

A US dollar deposit held in Europe or elsewhere outside the US.
Example sentences
  • 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.

Definition of Eurodollar in:

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