Eurodollar

/ˈjʊroʊˌdɑːlər/
Definition 1 of 1
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International Trade

Refers to transactions involving currencies beyond their native countries.

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.

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.

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

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