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Eurocurrency |
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EurocurrencySee Eurodollar.EurocurrencyA currency which is deposited in banks outside its country of origin. For example the eurodollar, eurodeutschmark and eurosterling.Similar MatchesEurocurrency marketEurocurrency marketThe money market for borrowing and lending currencies that are held in the form of deposits in banks located outside the countries where the currencies are issued as legal tender. Eurocurrency depositEurocurrency depositA short-term fixed-rate time deposit denominated in a currency other than the local currency (i.e., US dollars deposited in a London bank). |
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