Eurodollar certificate of deposit

A certificate of deposit paying interest and principal in dollars, but issued by a bank outside the United States, usually in Europe.

Eurodollar CD

A certificate of deposit denominated in U.S. dollars, but issued and held outside the United States. Almost all Eurodollar certificates of deposit are issued by banks in London.

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Eurodollar CD

References in periodicals archive ?

Recent events suggest the twin deficits can be disregarded if the US's financial instruments, i.e., stocks, bonds and eurodollar Certificate of Deposits (CDs), remain appealing to foreign investors.

Sell dollars, buy euros and yen! The New Year brings added cheer for the dollar bulls. But will the dollar's renewed strength represents a long-term recovery or a bear market rally? Should you hold on to your dollars or sell them?