Nov 172019
 

These are US dollar denominated deposits at foreign banks so that they escape the regulation of the Federal Reserve. There is no connection with the ‘euro’ currency here.

Eurodollar Future: These are a way for companies to lock in an interest rate today, for money it intends to borrow or lend in the future.

I hope you enjoy today’s terms. Reading up on one new word per day will really help your career. Make it a resolution and sign up for the mailing list to get a handy financial term, in your inbox every single day. No adverts – guaranteed, and I will NEVER share your email address with anyone.

Context

Do you have an example of where Eurodollar can be used in context. Help me develop the site by leaving an example below. Every example using ‘Eurodollar’ gets you another entry into the draw for 100 GBP of Amazon vouchers.

A winner will be selected on [date].

 Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

(required)

(required)