Eurodollar

American

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

noun

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

eurodollar British

/ ˈjʊərəʊˌdɒlə /

noun

(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 not only suggest a higher peak but also imply rates will stay higher for longer.

From Reuters • Mar. 14, 2022

Speculators also piled bullish bets in Eurodollar futures two days before the Fed decided against raising interest rates which San Francisco Fed President John Williams told Fox News on Sunday was a "close call."

From Reuters • Sep. 22, 2015

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

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023