Eurosterling
(redirected from Europound)Also found in: Dictionary.
Eurosterling
A British pound deposit in a bank outside the jurisdiction of the Bank of England; that is, outside the United Kingdom. The eurosterling is also called the europound.
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."