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• Eurocurrency
  Eurocurrency

  noun

  funds deposited in the bank of a European country in the currency of another country.
• eurocurrency
  eurocurrency

  noun

  (sometimes capital)

Eurocurrency

American  

[yoor-oh-kur-uhn-see, ‑-kuhr‑, yur‑] / ˈjʊər oʊˌkɜr ən si, ‑ˌkʌr‑, ˈjɜr‑ /

noun

Eurocurrencies plural

1. funds deposited in the bank of a European country in the currency of another country.

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eurocurrency British  

/ ˈjʊərəʊˌkʌrənsɪ /

noun

1. (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

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Other Word Forms

Noun Inflected Forms

• Eurocurrencies
  plural

Etymology

Origin of Eurocurrency

Euro- ( def. ) + currency ( def. )