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词汇 eurocurrency
释义 Eurocurrency
noun[ C or U ]
 finance & economics specialized(alsoeurocurrency)uk /ˈjʊə.rəʊˌkʌr.ən.si/ us /ˈjʊr.oʊˌkɝː.ən.si/
money that is held outside the country where it was issued(= produced), for example US dollars held in a bank in Europe : (存放在本币市场以外的银行中的货币)欧洲货币
Users of Eurocurrency include international firms, central banks and governments.欧洲货币的使用者包括国际公司、中央银行和政府。
London is one of the largest markets in which Eurocurrencies are traded.
These international loans were financed from funds raised on the eurocurrency markets.
Eurocurrency is used in international trade and to make international loans.
The dollar remains the most important Eurocurrency, due to the size and importance of the US economy.
American dollars deposited in a French bank by an American company are considered eurocurrency.
Business that is done in eurocurrencies may move back to national financial markets in future.
It may be cheaper for companies to borrow in Eurocurrency markets.
SMART Vocabulary: related words and phrases

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ariary
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decimal currency
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guilder
krone
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multi-currency
non-convertible
non-dollar
out of circulation
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rouble
rupiah
shilling
traveller's cheque

Eurocurrency | Business English


Eurocurrency
noun[ C or U ]
uk /ˈjʊərəʊˌkʌrənsi/uspluralEurocurrencies(alsoEuromoney[ U ])
MONEY
money that governments and large companies keep or trade outside their own country anywhere in the world. Eurocurrency does not refer to the euro, the currency used in some European countries:
If a UK resident had a deposit in a UK bank in any currency other than sterling, this would be an example of Eurocurrency.
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