Eurodollar

usgb/ˈjʊroʊˌdɑːlər/
noun

A eurodollar is a U.S. dollar deposited in a bank outside of the United States.

Many corporations use eurodollars for international financing.
Visual representation of "eurodollar" - A eurodollar is a U.S. dollar deposited in a bank outside of the United States.

Often appears as...

  • eurodollar market
  • eurodollar deposits

Usage tips

Neutral

Global finance, currency trading, foreign investment

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Visual representation of "eurodollar"
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International Trade

Refers to transactions involving currencies beyond their native countries.

Illustration for International Trade
Companies often rely on eurodollars when engaging in cross-border transactions.
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Investment

Eurodollars are a popular choice for investors looking to diversify their portfolios.

Illustration for Investment
Investors buy eurodollar deposits to hedge against currency risks.
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Banking Regulations

Understand that eurodollars are not subject to U.S. banking regulations.

Illustration for Banking Regulations
Banks use eurodollars to leverage financial operations internationally.
Visual representation of the word "Eurodollar"

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