Eurodollar

From Wiktionary, the free dictionary
Jump to navigation Jump to search
See also: eurodollar

English

[edit]

Alternative forms

[edit]

Etymology

[edit]

From Euro- +‎ dollar, perhaps from one of the initial telex addresses.[1]

Noun

[edit]

Eurodollar (plural Eurodollars)

  1. (economics) A deposit, in US dollars, held in a bank outside of the United States (no longer necessarily in Europe)
    Coordinate terms: Asiadollar, reserve currency
  2. (obsolete, informal) Synonym of euro (“€”) (nickname used for the unified European currency prior to its introduction and naming; in conversation, media, and fiction)

Translations

[edit]

See also

[edit]

References

[edit]
  1. ^ Oliver Bullough (2018) Moneyland, →ISBN: “These stateless dollars–they became known as ‘eurodollars’, perhaps because of the ‘Euro’ telex address used by one of the Soviet-owned banks–could flow between countries unhindered, just like in the old days.”

Further reading

[edit]
Retrieved from "https://en.wiktionary.org/w/index.php?title=Eurodollar&oldid=81173698"