NOUN
- currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing
How To Use Eurocurrency In A Sentence
- This market constitutes the Eurocurrency market plus deposits in domestic and foreign currency held by non-residents.
- Eurocurrency is the term given to any currency which is deposited in a bank account outside its country of origin.
- So-called eurocurrency deposits are bank assets denominated in a national money different from the official currency in the country where the funds are held.
