[ US /ˈjuɹoʊˌdɑɫɝ, ˈjʊɹoʊˌdɔɫɝ/ ]
  1. a United States dollar deposited in a European bank and used as an international currency to finance trade
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How To Use Eurodollar In A Sentence

  • Eurodollar issues rose from $12 billion in 1963 to $65 billion in 1969, eurobonds from $681million in 1964 to $3.5billion by 1968. Times, Sunday Times
  • He was sitting on a pile of out-of-the-money eurodollar options. Nassim Nicholas Taleb: the prophet of boom and doom « Isegoria
  • The Eurodollar ranks as the world's most heavily traded fixed-income future with nearly 511 million contracts traded in 2010, according to data compiled by the Futures Industry Association. CME Takes Aim at NYSE Euronext Interest-Rate Business
  • By comparing Libor with that indicator and others -- such as the rate on three-month bank deposits known as the Eurodollar rate -- Mr. Peng estimates Libor may be understated by 0.2 to 0.3 percentage points. Bankers Cast Doubt
  • A Wednesday International Finance article about the exchange incorrectly said it will launch a eurodollar futures contract. Corrections
  • The SMX said Tuesday that it will commence trading of gold futures, West Texas Intermediate crude oil, Brent crude oil and eurodollar futures contracts on Aug. 31 and implied there could be additional contracts launched at the same time, but didn't specify which these might be. SMX to Launch Commodities Trade Aug. 31
  • CME is home to Eurodollar futures, contracts that allow banks, hedge funds and other institutions to hedge against shifts in the three-month U.S. dollar London interbank offered rate, or Libor. CME Takes Aim at NYSE Euronext Interest-Rate Business
  • The implied yield on December 2004 Eurodollars sank 35 basis points this week to 2.365%.
  • Repurchase Agreements added $1.2 billion, as Eurodollars declined less than $1 billion.
  • In a notable development, the implied yield on 3-month December Eurodollars jumped 21.5 basis points to 4.07%.
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