Euromark
(redirected from Euromarks)Euromark
A German mark deposit in a bank outside the jurisdiction of Deutsche Bundesbank; that is, outside Germany. Since the introduction of the euro, the euromark 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."
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."