Eurodollar certificate of deposit
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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved