Crossword clues for eurodollar
Wiktionary
n. (alternative form of Eurodollar English)
Wikipedia
Eurodollars are time deposits denominated in U.S. dollars at banks outside the United States, and thus are not under the jurisdiction of the Federal Reserve. Consequently, such deposits are subject to much less regulation than similar deposits within the U.S.. The term was originally coined for U.S. dollars in European banks, but it expanded over the years to its present definition—a U.S. dollar-denominated deposit in Tokyo or Beijing would be likewise deemed a Eurodollar deposit. There is no connection with the euro currency or the eurozone.
More generally, the euro- prefix can be used to indicate any currency held in a country where it is not the official currency: for example, Euroyen or even Euroeuro.
Usage examples of "eurodollar".
Germany continues to press for an early introduction of the Eurodollar and fiscal union in general .
Since the controls provided by Bretton Woods made the dollar de facto inconvertible, the monetary mediation of international production and trade developed through a phase characterized by the relatively free circulation of capital, the construction of a strong Eurodollar market, and the fixing of political parity more or less everywhere in the dominant countries.
I was doing a Eurodollar survey for them at that time, and I came across something that indicated the suit would be large and nasty and successful.
Moneybags Eurodollar, asked Bad George, sit there and make such an exaggerated statement?
Thus, the Eurodollar market has expanded largely as a means of avoiding the regulatory costs involved in dollar-denominated financial intermediation.
The British and American decisions that created the Eurodollar market have left us, fifty years later, with a totally private banking system for international corporations, high-net-worth individuals, and illegal operators.
In 1986, however, the bank started to delay payment of letters of credit owed to foreign exporters, and its failure to make installment payments on a syndicated loan of 500 million Eurodollars, forced rescheduling of the debt payments.
Drachmas, Yen, Eurodollars or other national currencies whenever his work took him on the road.
Depositing their dollars outside of the United States allows the holders of Eurodollars to escape regulation by the Federal Reserve Board.
His ship, the Bonaventure, had cost more than 300 million Eurodollars, and the precarious state of the world was such that government agencies were not inclined to turn over that level of funding to thirty-one-year-old physicists who had the audacity to question the most basic tenets of nature.
And that anyone with a few hundred Eurodollars can book passage on one.
Hell, man, if you've got fifty thousand Eurodollars for parts and two graduate students, you can build one for yourself in a week.