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Eurodollar
(redirected from Eurodollars)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.10 sec.

Eurodollar

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 Foreign banks holding Eurodollars are obligated to pay in U.S. dollars when the deposits are withdrawn.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.



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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.
Editorial Includes market wrap-ups, economic indicators, information relevant to the fixed-income and currency markets, prices, charts and several market benchmarks, including Treasurys, Eurodollars and active agency issues.
 
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