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Eurodollar |
Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson | 0.06 sec. |
EurodollarU.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 Foreign banks holding Eurodollars are obligated to pay in U.S. dollars when the deposits are withdrawn.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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| You could pay with eurodollars, which are dollar-denominated accounts that could be issued by any bank anywhere in the world. 9961 Money market mutual funds Year and month In M2 In M3 only RPs Eurodollars 2004--January 1. To be sure, there is an implicit forecast embedded in long-dated oil futures contracts, just as there is an interest-rate expectation in five- and 10-year Treasury notes or Eurodollar futures contracts maturing in 2010. |
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