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Glossary > E > "Eurodollar" Definition

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 it is possible to have Eurodeposits anywhere other than the U.S. Similarly, a Euroyen or EuroDM deposit represents the CD in Yen or DM outside Japan and Germany, respectively.

U.S. dollar-denominated deposits at foreign banks or foreign branches of American banks. By locating outside of the United States, eurodollars escape regulation by the Federal Reserve Board.

US dollar currency deposited in banks outside the USA.

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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 it is possible to have Eurodeposits anywhere other than the U.S. Similarly, a Euroyen or EuroDM deposit represents the CD in Yen or DM outside Japan and Germany, respectively.

U.S. dollar-denominated deposits at foreign banks or foreign branches of American banks. By locating outside of the United States, eurodollars escape regulation by the Federal Reserve Board.

US dollar currency deposited in banks outside the USA.

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 it is possible to have eurodeposits anywhere other than the u.s. similarly, a euroyen or eurodm deposit represents the cd in yen or dm outside japan and germany, respectively.

u.s. dollar-denominated deposits at foreign banks or foreign branches of american banks. by locating outside of the united states, eurodollars escape regulation by the federal reserve board.

us dollar currency deposited in banks outside the usa.