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Eurodollar

American  
[yoor-uh-dol-er, yur-] / ˈjʊər əˌdɒl ər, ˈjɜr- /

noun

  1. a U.S. dollar deposited in or credited to a European bank.


eurodollar British  
/ ˈjʊərəʊˌdɒlə /

noun

  1. (sometimes capital) a US dollar as part of a European holding See eurocurrency

"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

Etymology

Origin of Eurodollar

First recorded in 1955–60; Euro- + dollar

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Eurodollar futures have priced in at least one rate cut between March and December 2023 , with the spread between the two contracts at roughly -44 bps on Monday.

From Reuters Aug. 24, 2022

Eurodollar futures have priced in policy easing by the first quarter of next year.

From Reuters Jul. 11, 2022

It does that by comparing Libor with a very similar interest rate, called the Eurodollar deposit rate.

From New York Times Dec. 20, 2012

So investors may want to purchase two-year Treasury notes, which yielded 0.74 percent on Feb. 4 compared with 0.54 percent Jan. 28, or buy Eurodollar contracts that expire within the year, he said.

From BusinessWeek Feb. 7, 2011

In recent years, London, The heart of the large Eurodollar market, has jumped ahead of New York City in many foreign banking operations.

From Time Magazine Archive

In fact, it is cheaper for large corporations to borrow in India than in the eurodollar market.

From Barron's Jan. 23, 2026

The April, May and June 2023 eurodollar futures and options will still be available to trade until their contract's expiration.

From Reuters May 2, 2023

The peak fed funds rate is seen at 3.9% in March, eurodollar futures showed.

From Reuters Aug. 24, 2022

Implied rates on eurodollar futures expiring in December are predicting three-month dollar Libor will rise to 0.5525 percent by Dec. 19, Bloomberg data show.

From BusinessWeek Dec. 7, 2011

The result, say bankers, is reminiscent of the eurodollar market in the early 1960s, when extensive dealings in the greenback outside U.S. borders first took off.

From The Wall Street Journal Aug. 1, 2010

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