Dictionary:
Eu·ro·cur·ren·cy (yʊr'ō-kûr'ən-sē, -kŭr'-) ![]() |
| 5min Related Video: Eurocurrency |
| Investment Dictionary: Eurocurrency |
Currency deposited by national governments or corporations in banks outside their home market. This applies to any currency and to banks in any country. For example, South Korean won deposited at a bank in South Africa, is considered eurocurrency.
Also known as "euromoney".
Investopedia Says:
Having "euro" doesn't mean that the transaction has to involve European countries. However, in practice, European countries are often involved.
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| Financial & Investment Dictionary: Eurocurrency |
Money deposited by corporations and national governments in banks away from their home countries, called Eurobanks. The terms Eurocurrency and Eurobanks do not necessarily mean the currencies or the banks are European, though more often than not, that is the case. For instance, dollars deposited in a British bank or Japanese Yen deposited in a bank in South Africa are considered to be Eurocurrency. The Eurodollar is only one of the Eurocurrencies, though it is the most prevalent. Also known as Euromoney.
| Translations: Eurocurrency |
Dansk (Danish)
n. - euromøntfod
Nederlands (Dutch)
valuta gehouden buiten land van herkomst
Français (French)
n. - EURO, eurodevise, euromonnaie
Deutsch (German)
n. - Eurowährung (außerhalb ihres Ursprungslandes gehaltene Währung)
Ελληνική (Greek)
n. - ευρωνόμισμα, Ευρωνόμισμα
Italiano (Italian)
valuta europea all'estero
Português (Portuguese)
n. - fundos depositados num banco de um país da Comunidade Européia, na moeda de outro país
Русский (Russian)
валюта Европейского Союза
Español (Spanish)
n. - eurodivisa
Svenska (Swedish)
n. - gemensam europeisk valuta, eurovaluta
中文(简体)(Chinese (Simplified))
欧洲货币
中文(繁體)(Chinese (Traditional))
n. - 歐洲貨幣
日本語 (Japanese)
n. - ユーロカレンシー, ユーロマネー
العربيه (Arabic)
(الاسم) عمله أوروبيه
עברית (Hebrew)
n. - מטבע אירופי
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| Euroyen Bond (finance term) | |
| Euromarket (money market in Eurocurrency or Eurobonds) | |
| London Interbank Median Average Rate (Limean) (in banking) |
| What is Eurocurrency market? Read answer... | |
| What are characteristics of the Eurocurrency market? Read answer... |
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![]() | Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved. Read more | |
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![]() | Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more | |
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