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[yoo r-oh-kur-uh n-see, ‐kuhr‐, yur‐] /ˈyʊər oʊˌkɜr ən si, ‐ˌkʌr‐, ˈyɜr‐/
noun, plural Eurocurrencies.
funds deposited in the bank of a European country in the currency of another country.
Also called Euromoney
[yoor-uh-muhn-ee, yur‐] /ˈyur əˌmʌn i, ˈyɜr‐/ (Show IPA)
Origin of Eurocurrency Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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British Dictionary definitions for Eurocurrency


(sometimes capital)
  1. the currency of any country held on deposit in Europe outside its home market: used as a source of short- or medium-term finance, esp in international trade, because of easy convertibility
  2. (as modifier): the eurocurrency market
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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