EUROCURRENCY

Eurocurrency

(noun) currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing

Source: WordNet® 3.1

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Noun

eurocurrency (countable and uncountable, plural eurocurrencies)

(finance) Alternative form of Eurocurrency

Etymology

Noun

Eurocurrency (countable and uncountable, plural Eurocurrencies)

(finance) Deposits denominated in a currency other than the currency of the depositee.

Hyponyms

• Eurodollar

• Euroeuro

• Eurofranc

• Euroguilder

• Eurokoruna

• Euromark

• Eurosterling

• Euroyen

Usage notes

• Eurocurrency does not have to involve either the currency called the euro (which was introduced later) or the Eurozone.

Source: Wiktionary

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