Eurocurrency

[ yoor-oh-kur-uhn-see, ‐kuhr‐, yur‐ ]

noun,plural Eu·ro·cur·ren·cies.
  1. funds deposited in the bank of a European country in the currency of another country.

Origin of Eurocurrency

1
  • Also called Eu·ro·mon·ey [yoor-uh-muhn-ee, yur‐]. /ˈyur əˌmʌn i, ˈyɜr‐/.

Words Nearby Eurocurrency

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

British Dictionary definitions for eurocurrency

eurocurrency

/ (ˈjʊərəʊˌkʌrənsɪ) /


noun
  1. (sometimes capital)

    • 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

    • (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