Eurodollar

Eurodollar,

Definition of Eurodollar:

  1. A US dollar deposit held in Europe or elsewhere outside the US.

  2. US currency or funds held in banks outside the US in Europe or anywhere else. Eurodollars are used commonly for settling international transactions.

  3. The fact that the eurodollar market is relatively free of regulation means such deposits can pay higher interest. Their offshore location makes them subject to political and economic risk in the country of their domicile; however, most branches where the deposits are housed are in very stable locations.

  4. The term eurodollar refers to U.S. dollar-denominated deposits at foreign banks or at the overseas branches of American banks. Because they are held outside the United States, eurodollars are not subject to regulation by the Federal Reserve Board, including reserve requirements. Dollar-denominated deposits not subject to U.S. banking regulations were originally held almost exclusively in Europe, hence the name eurodollar. They are also widely held in branches located in the Bahamas and the Cayman Islands.

How to use Eurodollar in a sentence?

  1. The eurodollar market is one of the world's biggest capital markets and consists of sophisticated financial instruments.
  2. Eurodollars refer to dollar-denominated accounts at foreign banks or overseas branches of American banks.
  3. The Eurodollar market.

Meaning of Eurodollar & Eurodollar Definition

Eurodollar,

Eurodollar Meanings:

The term eurodollar refers to US dollars held by foreign banks or branches of US banks abroad. Because the Eurodollars are kept out of the United States, they are not subject to Federal Reserve regulations, including reserve requirements. Dollar deposits that were not subject to US banking regulations were initially kept almost exclusively exclusively in Europe (hence the name Eurodollars). They are now widely distributed in the Bahamas and Cayman Islands offices.

  • Eurodollars refer to dollar accounts held by foreign banks or branches of foreign banks in the United States.
  • The Eurodollar market is one of the largest capital markets in the world and consists of a highly developed financial instrument.

Meanings of Eurodollar

  1. US dollar reserves in Europe or elsewhere outside the United States.

Eurodollar,

How Do You Define Eurodollar?

The term Eurodollar refers to money deposited in US dollars in foreign banks or in US banks abroad. Because they are held outside the United States, Eurodollars are not subject to Federal Reserve Board regulations, including reserve requirements. Dollar reserves that were not subject to US banking regulations were originally held almost exclusively in Europe (hence the name Eurodollars). They are now spread across the islands and the Cayman Islands.

  • Eurodollar refers to a dollar-related account in a foreign bank or in a US bank abroad.
  • The Eurodollar market is one of the largest capital markets in the world and consists of state-of-the-art financial instruments.

Meanings of Eurodollar

  1. US dollars, which are kept elsewhere outside of Europe or the United States.

Eurodollar,

Eurodollar:

  1. James Chen, CMT, is an experienced trader, investment advisor and global market strategist. He is the author of John Wiley & Sons' books on trade and technology trade and has been a visiting researcher at CNBC, Bloomberg TV, Forbes and Reuters, among other financial companies.

    • Eurodollar refers to a dollar denominated account in an offshore bank or in a US bank abroad.
    • The Eurodollar market is one of the largest capital markets in the world and consists of state-of-the-art financial instruments.

Meanings of Eurodollar

  1. US dollars placed elsewhere in Europe or outside the United States.