Eurodollar

[ yoor-uh-dol-er, yur- ]

noun

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

eurodollar

/ ˈjʊərəʊˌdɒlə /

noun

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

Word History and Origins

Origin of Eurodollar¹

First recorded in 1955–60; Euro- + dollar