Eurodollars

Eurodollars,

Eurodollars Definition:

  1. A simple definition of Eurodollars is: The dollars were originally deposited in United States banks and were bought and kept abroad by residents outside the United States, especially in Europe. Foreign banks use euro dollars as a way to lend to other national or foreign banks or commercial lenders.

Meanings of Eurodollars

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

Sentences of Eurodollars

  1. Eurodollar market