Eurocurrency is any major currency that is deposited by a national government or corporation headquartered outside the country where the bank receiving the funds is located. For example, Japanese yen deposited in a British bank is considered eurocurrency. Eurocurrency is used in international trade and to make international loans.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). eurocurrency. Retrieved September 29, 2026, from http://smartdefine.org/eurocurrency/definitions/1153227 |
| Chicago | Barry Goldsmith. 2010. "eurocurrency" http://smartdefine.org/eurocurrency/definitions/1153227 (accessed September 29, 2026). |
| Harvard | Barry Goldsmith 2010, eurocurrency, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/eurocurrency/definitions/1153227>. |
| MLA | Barry Goldsmith. "eurocurrency" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/eurocurrency/definitions/1153227> |