EURODOLLAR

Eurodollar

(noun) a United States dollar deposited in a European bank and used as an international currency to finance trade

Source: WordNet® 3.1


Etymology

Noun

Eurodollar (plural Eurodollars)

A deposit, in US dollars, held in a bank outside of the United States (no longer necessarily in Europe)

Hyponym: Asiadollar

(obsolete, informal) synonym of euro (nicknamed used for the unified European currency prior to its introduction and naming; in conversation, media, and fiction)

Noun

eurodollar (plural eurodollars)

Alternative form of Eurodollar

Source: Wiktionary



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Word of the Day

23 November 2024

THEORETICAL

(adjective) concerned primarily with theories or hypotheses rather than practical considerations; “theoretical science”


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Coffee Trivia

Hawaii and California are the only two U.S. states that grow coffee plants commercially.

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