eurodollar eurodollar  /ˈ ju roʊ ˌdɑ lər/

Definition(s):

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

News

Quotes

  • The Soviets had lots of dollars, too, and were disinclined to deposit them in the US Guided by Warburg, "the Eurodollar market in London grew with extraordinary speed," Mr. Ferguson says.
    on Jun 25, 2010 By: Niall Ferguson Source: Wall Street Journal

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infatuated infatuated
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