What is the meaning of Eurodollar?

Eurodollar refers to a certificate of deposit in U. S. Dollars in a bank that is not located in the U. S. Most of the' Eurodollar' deposits are in London banks, but Eurodeposits may be anywhere other than the U. S. Similarly, a Euroyen or Euro DM deposit represents a CD in yen or DM outside Japan and Germany, respectively.

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APABarry Goldsmith. (2010). eurodollar. Retrieved September 28, 2026, from http://smartdefine.org/eurodollar/definitions/1153230
ChicagoBarry Goldsmith. 2010. "eurodollar" http://smartdefine.org/eurodollar/definitions/1153230 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, eurodollar, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/eurodollar/definitions/1153230>.
MLABarry Goldsmith. "eurodollar" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/eurodollar/definitions/1153230>
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