An American dollar held by a foreign institution outside the U.S., usually a bank in Europe, often as a result of payments made to overseas companies for merchandise.

Use Eurodollar in a sentence

You need to make sure that you are getting a good rate any time you will be exchanging for the eurodollar.


Their investment strategy was heavy on the Eurodollar, and so far the payoff had worked well enough to quiet the critics for the time being.


The company has holdings in eurodollars through our bank which has a few branches in europe. We don't have to be bothered with federal regulations when doing business in this manner.


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Eurodollar floating-rate certificate of deposit LIBOR