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Eurodollar
noun, slang
Definitions
Noun
- 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 Alternative letter-case form of Eurodollar. alt-of
"Traders in the Chicago Mercantile Exchange’s eurodollar options pit on Tuesday."
- 3 a United States dollar deposited in a European bank and used as an international currency to finance trade wordnet
- 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.
See also for "eurodollar"
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