Eurodollar

noun, slang

Definitions

Noun
  1. 1
    A deposit, in US dollars, held in a bank outside of the United States (no longer necessarily in Europe)

    "We like to go down to restaurant row / Spend those euro-dollars/ All the way from Washington to Tokyo"

  2. 2
    Alternative letter-case form of Eurodollar. alt-of

    "Traders in the Chicago Mercantile Exchange’s eurodollar options pit on Tuesday."

  3. 3
    a United States dollar deposited in a European bank and used as an international currency to finance trade wordnet
  4. 4
    Synonym of euro (“€”) (nickname used for the unified European currency prior to its introduction and naming; in conversation, media, and fiction) informal, obsolete

Etymology

Etymology 1

From Euro- + dollar, perhaps from one of the initial telex addresses.

Etymology 2

From euro- + dollar.

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