Eurodollar
U.S. currency held on deposit at any foreign bank. U.S. Dollars make their way to these financial institutions when they are used to pay for foreign good and services and when they are exchanged for foreign currency at a non-U.S. bank.
Browse by Subjects
eurocommercial paper
Ted spread
M3 money supply
London Interbank Offered Rate
eurodeposit
See All Related Terms »

multinational corporation
high gearing
acceptor
average cost of capital
online broker