Eurodollars,
Eurodollars Definition:
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
US dollars are deposited elsewhere in Europe or outside the United States.
Sentences of Eurodollars
Eurodollar market
Eurodollars,
Eurodollars: What is the Meaning of Eurodollars?
Deposits in US banks were originally bought by people outside the US and deposited abroad, mainly in Europe. Foreign banks use Eurodollars to repay loans to other domestic or foreign banks or commercial borrowers.
Meanings of Eurodollars
A US dollar placed outside Europe or the United States.
Eurodollars,
How To Define Eurodollars?
Originally deposited in American banks, these dollars were bought by people outside the United States and deposited abroad, mainly in Europe. Foreign banks use Eurodollars to finance loans to other domestic or foreign banks or commercial borrowers.
Meanings of Eurodollars
One US dollar somewhere in Europe or outside the United States.