Eurodollar

Eurodollar
U.S.-dollar denominated deposits at foreign banks or foreign branches of American banks. By locating outside of the United States, eurodollars escape regulation by the Federal Reserve Board.

Originally, dollar-denominated deposits not subject to U.S. banking regulations were held almost exclusively in Europe; hence the name eurodollars. These deposits are still mostly held in Europe, but they're also held in such countries as the Bahamas, Canada, the Cayman Islands, Hong Kong, Japan, the Netherlands Antilles, Panama and Singapore. Regardless of where they are held, such deposits are referred to as eurodollars.

Since the eurodollar market is relatively free of regulation, banks in the eurodollar market can operate on narrower margins than banks in the United States. Thus, the eurodollar market has expanded largely as a means of avoiding the regulatory costs involved in dollar-denominated financial intermediation.


Investment dictionary. . 2012.

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Look at other dictionaries:

  • eurodollar — [ ørodɔlar ] n. m. • 1961; de euro et dollar ♦ Fin. Avoir en dollars, déposé dans des banques commerciales européennes. ● eurodollar nom masculin Avoir en dollars détenu par des ressortissants extérieurs aux États Unis et déposé dans une banque… …   Encyclopédie Universelle

  • Eurodollar — Eurodollar,   auf US Dollar lautende Geschäftsbankenguthaben, die zwischen Banken außerhalb des Währungsgebiets der USA, v. a. europäischen Kreditinstituten, für unterschiedliche Laufzeiten bis zu 6 Monaten gehandelt werden. Der Eurodollarmarkt,… …   Universal-Lexikon

  • Eurodollar — Eu·ro·dol·lar /ˌyu̇r ō dä lər/ n: a U.S. dollar held as Eurocurrency Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Eurodollar — 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… …   Wikipedia

  • Eurodollar — This is an American dollar that has been deposited in a European bank or an U.S. bank branch located in Europe. It got there as a result of payments made to overseas companies for merchandise. The New York Times Financial Glossary Refers to a… …   Financial and business terms

  • Eurodollar — Als Eurodollar werden auf US Dollar lautende Bankeinlagen mit einer Laufzeit bis zu sechs Monaten bezeichnet, die bei Banken außerhalb der USA liegen. Diese Einlagen unterliegen nicht der Kontrolle und der Mindestreservenpolitik der Federal… …   Deutsch Wikipedia

  • Eurodollar — L eurodollar désigne plusieurs choses bien différentes : l une des Euromonnaies ; ce sont des dépôts en dollars détenus par une banque établie hors des États Unis. Ce marché, devenu plus important que le marché monétaire domestique… …   Wikipédia en Français

  • Eurodollar — /yoor euh dol euhr, yerr /, n. a U.S. dollar deposited in or credited to a European bank. Cf. Asiadollar. [1955 60; EURO + DOLLAR] * * * U.S. dollar that has been deposited outside the U.S., especially in Europe. Foreign banks holding Eurodollars …   Universalium

  • Eurodollar — / jυərəυdɒlə/ noun a US dollar deposited in a bank outside the US, used mainly for trade within Europe ● a Eurodollar loan ● the Eurodollar markets …   Dictionary of banking and finance

  • eurodollar — eu|ro|dol|lar sb., en, s el. eurodollar, (s)ene …   Dansk ordbog

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