Definition of Eurodollar in English:

Eurodollar

noun

  • A US dollar held in Europe or elsewhere outside the US.

    ‘the Eurodollar market’
    • ‘The implied yield on December 3-month Eurodollars sank 11.5 basis points to 1.73%, the lowest since June 24.’
    • ‘The implied yield on 3-month December Eurodollars rose one basis point to 4.175%.’
    • ‘In the same way, US dollars deposited in banks in the UK become Eurodollars.’
    • ‘The implied yield on March three-month Eurodollars declined three basis points to 1.48%.’
    • ‘The implied yield on December 2004 Eurodollars sank 27.5 basis points today to 2.35%.’
    • ‘The implied yield on 3-month December Eurodollars rose 12 basis points to 4.08%, and December '06 Eurodollar yields gained 13.5 basis points to 4.275%.’
    • ‘In a notable development, the implied yield on 3-month December Eurodollars jumped 21.5 basis points to 4.07%.’
    • ‘We have today the powerful money market fund complex, as well as instruments such as repurchase agreements and Eurodollars.’
    • ‘The implied yield on December 2004 Eurodollars sank 35 basis points this week to 2.365%.’
    • ‘For the week, 2-year Treasury yields jumped 14 basis points to 6.62%. Eurodollars were hammered today as well, with the implied yield on the December Eurodollar futures contract surging 15 basis points.’
    • ‘The implied yield on 3-month December Eurodollars declined one basis point to 3.955%.’
    • ‘The implied yield on 3-month December Eurodollars rose 5.5 basis points to 4.145%, the highest level since April 9.’
    • ‘The implied yield on December 2004 Eurodollars added 8.5 basis points to 2.50%.’
    • ‘The implied yield on 3-month March Eurodollars was about unchanged at 2.975%.’
    • ‘Repurchase Agreements declined $9.3 billion and Eurodollars were down $0.4 billion.’
    • ‘Repurchase Agreements gained $11.8 billion (up $25.9 billion in three weeks), and Eurodollars were up $2.4 billion.’
    • ‘The implied yield on December 2004 Eurodollars declined 2.25 basis points to 2.20%.’
    • ‘Repurchase Agreements were down $0.9 billion and Eurodollars declined $3.1 billion.’
    • ‘The exception was the TED spread that widened 14 basis points this week as Treasury bills rates declined much more than borrowing rates in the Eurodollar and other short-term funding instruments.’
    • ‘Repurchase Agreements added $1.2 billion, as Eurodollars declined less than $1 billion.’

Pronunciation:

Eurodollar

/ˈjʊərəʊˌdɒlə/