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Eurodollar

American  
[yoor-uh-dol-er, yur-] / ˈyʊər əˌdɒl ər, ˈyɜr- /

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.

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

From Reuters • Jul. 11, 2022

For most of this year, the Eurodollar market indicated a terminal rate closer to 2%.

From Reuters • Mar. 14, 2022

In the report, the inspector general's office then tries to work out what Fannie and Freddie's cash flows would have been if Libor had continued to be in line with the Eurodollar 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

U.S. exchanges developed modern-day futures, including popular contracts based on Treasury bonds and the Eurodollar.

From Time Magazine Archive

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