Eurolira

Eurolira

An Italian lira deposit in a bank outside the jurisdiction of Banca d'Italia; that is, outside Italy. Since the introduction of the euro, the eurolira has become obsolete.

The term has nothing to do with the euro, and the prefix "euro-" is used generally to refer to deposits outside the jurisdiction of the local central bank, such as in "euroruble."
References in periodicals archive ?
Yields on futures contracts on 3-month Eurolira deposits also shifted downward.
The exemption of non-resident banks' lira deposits from reserve requirements made Eurolira rates more responsive to domestic rates during periods of monetary tightening.
The short-term future Eurolira contract was launched on the LIFE in May 1992.