Eu·ro·cur·ren·cy (y r  -kûr  n-s , -k r-)n. pl. Eu·ro·cur·ren·cies Funds deposited in a bank when those funds are denominated in a currency differing from the bank's own domestic currency. |
eurocurrency [ˈjʊərəʊˌkʌrənsɪ]
n
(Economics, Accounting & Finance / Banking & Finance) (sometimes capital)
a. the currency of any country held on deposit in Europe outside its home market: used as a source of short- or medium-term finance, esp in international trade, because of easy convertibility
b. (as modifier) the eurocurrency market
ThesaurusLegend: Synonyms Related Words Antonyms
| Noun | 1. | Eurocurrency - currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing currency - the metal or paper medium of exchange that is presently used Eurodollar - a United States dollar deposited in a European bank and used as an international currency to finance trade |
Translations
eurocurrency
n → Euro-Währung f
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