Definition of Eurodollar in English:

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Eurodollar

Pronunciation: /ˈjʊərəʊˌdɒlə/

noun

A US dollar held in Europe or elsewhere outside the US: the Eurodollar market
More 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.
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