Meaning Of The Word Eurocurrency

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Eurocurrency Meaning

Eurocurrency Definition
Eurocurrency Definition

What's The Definition Of Eurocurrency?

Eurocurrency in American English
deposits denominated in the currency of, but held in banks outside of, their country of origin, esp. in Europe
noun: funds deposited in the bank of a European country in the currency of another country

eurocurrency in British English
noun: the currency of any country held on deposit in Europe outside its home market: used as a source of short- or medium-term finance, esp in international trade, because of easy convertibility

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