eurodollar

English - Turkish

Definition of eurodollar in English Turkish dictionary

(isim) avrupa bankalarına yatırılan amerikan doları

Avrupa dolar

{i} Avrupa bankalarına yatırılan Amerikan doları

Related Terms

Eurodollar deposits

Eurodolar mevduatı

English - English

Definition of eurodollar in English English dictionary

A deposit, in US dollars, held in a bank outside of the United States

a US dollar that has been put in a European bank or lent to a European customer to help trade and provide an international money system. U.S. dollar that has been deposited outside the U.S., especially in Europe. Foreign banks holding Eurodollars are obligated to pay in U.S. dollars when the deposits are withdrawn. Most Eurodollars are used to finance trade, but many central banks also operate in the Eurodollar market. See also currency, foreign exchange

{i} U.S. currency deposited in banks outside of the U.S. (especially European banks)

a United States dollar deposited in a European bank and used as an international currency to finance trade

Hyphenation

Eu·ro·dol·lar

Turkish pronunciation

yurōdälır

Pronunciation

/ˈyo͞orōˌdälər/ /ˈjuːroʊˌdɑːlɜr/