Asiadollar

[ey-zhuh-dol-er, ey-shuh-]

noun

a U.S. dollar deposited in or credited to Asian banks and used in the money markets of the region.

Compare Eurodollar.

Origin of Asiadollar

First recorded in 1970–75; Asia + dollar
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019