Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A US dollar on deposit with a bank abroad, especially in Europe.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun A
deposit , inUS dollars , held in abank outside of theUnited States
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a United States dollar deposited in a European bank and used as an international currency to finance trade
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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The excuses for their behavior sound similar to arguments made after the CME tried to push trading in Eurodollar options from the pit to the screen.
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By comparing Libor with that indicator and others -- such as the rate on three-month bank deposits known as the Eurodollar rate -- Mr. Peng estimates Libor may be understated by 0.2 to 0.3 percentage points.
Bankers Cast Doubt 2008
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These price hikes rocked the global economy, while the resulting OPEC riches spurred an explosion in what became known as the Eurodollar markets -- credit markets operating in dollars even though the depositors, financial institutions, and borrowers were rarely U.S. citizens.
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Price guidance on a $275 million 0. 95-year portion was in the range of 0.15 to 0.20 percentage point over a benchmark rate called Eurodollar synthetic forward, or EDSF.
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Price guidance on a $275 million 0. 95-year portion was in the range of 0.15 to 0.20 percentage point over a benchmark rate called Eurodollar synthetic forward, or EDSF.
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A Eurodollar is a US dollar that is deposited in a bank outside of US control.
Anarkismo.net 2008
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CME is home to Eurodollar futures, contracts that allow banks, hedge funds and other institutions to hedge against shifts in the three-month U.S. dollar London interbank offered rate, or Libor.
CME Takes Aim at NYSE Euronext Interest-Rate Business Jacob Bunge 2011
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One example is an accounting scheme called "The Eurodollar Game" that large banks with offshore branches can use to reduce their reported deposits and thus their required reserves.
Robert Auerbach: Why the Federal Reserve's Contribution to Unemployment and Price Discrimination Continues Robert Auerbach 2010
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One example is an accounting scheme called "The Eurodollar Game" that large banks with offshore branches can use to reduce their reported deposits and thus their required reserves.
Robert Auerbach: Why the Federal Reserve's Contribution to Unemployment and Price Discrimination Continues Robert Auerbach 2010
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The Eurodollar ranks as the world's most heavily traded fixed-income future with nearly 511 million contracts traded in 2010, according to data compiled by the Futures Industry Association.
CME Takes Aim at NYSE Euronext Interest-Rate Business Jacob Bunge 2011
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