An American dollar held by a foreign institution outside the U.S., usually a bank in Europe, often as a result of payments made to overseas companies for merchandise.
US money held in European bank accounts.
A U.S. dollar deposited in a bank outside the United States.
3 month US interest rates, known as 3 month money or short rates. Not to be confused with the Euro against the Dollar exchange rate. Click Here for more information on interest rate bets
a United States dollar deposited in a European bank and used as an international currency to finance trade
a Certificate of Deposit in US dollars in some other country (though mainly traded in London)
a dollar-denominated deposit in a bank in a country where the currency is not the dollar
a dollar-denominated deposit in a non-U
a dollar deposited in a bank in a country outside the U
U.S. dollar deposits held by banks outside the U.S. and which compose the major international money market. Primarily used for international currency exchange.
A U.S. dollar-denominated deposit issued by a bank outside the United States.
Refers to a certificate of deposit in US dollars in a bank that is not located in the US Most of the Eurodollar deposits are in London banks, but Eurodeposits may be anywhere other than the US Similarly, a Euroyen or Euro DM deposit represents a CD in yen or DM outside Japan and Germany, respectively.
U.S. dollar denominated deposits at commercial banks outside of the United States.
Not to be confused with the new European currency, eurodollars are strictly U.S. dollar time deposits (much like CDs) that are held in overseas banks, mostly in Europe. These deposits are so large and so actively traded that the Chicago Board of Trade has created futures contracts for institutions and investors that want to trade in eurodollars; and these contracts have become one of the most actively traded instruments in the world.
Exchange rate between EU member states whose currency in denominated in Euros and the U.S. dollar
This is an American dollar that has been deposited in a European bank. It got there as a result of payments made to overseas companies for merchandise.
US currency held in banks outside the US, primarily in Europe. See: Eurocurrency; Eurodollar Bond
Dollars deposited in foreign banks, with the futures contract reflecting the rates offered between US banks and foreign banks.
Refers to a certificate of deposit in U.S. dollars in a non-US bank.
A dollar deposit acquired by a person or bank not residing in the United States and held outside the United States and therefore not subject to US reserve restrictions
A U.S currency held in a U.S bank outside of the U.S.A, The first participants were in Europe hence the term Eurodollar although now dealing takes place in most parts of the world.
US dollar bank deposits outside the US.... more on 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.
Eurodollar certificate of deposit European Currency Unit
U.S. dollar deposits held abroad. Holders may include individuals, companies, banks and central banks.
A U.S. dollar held in a foreign bank.
U.S. dollar deposits placed with banks outside the U.S. Holders may include individuals, companies, banks and central banks.
Originally, a market in Europe in US$ deposit claims on U.S. banks. The practical effect of this arrangement allowed these banks to expand their operations outside the U.S. regulatory environment. The market has expanded into other currencies and has become an international financing pool run by the world's largest financial institutions. Generally, the eurocurrency market is beyond the scope of regulation in the home countries of participating banks.
Eurodollars are deposits denominated in United States dollars at banks outside the United States, and thus are not under the jurisdiction of the Federal Reserve. Consequently, such deposits are subject to much less regulation than similar deposits within the United States, allowing for higher margins.