HyperDic: eurocurrency

English > 1 sense of the word *Eurocurrency*:
NOUN	possession	Eurocurrency	currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing

English > *Eurocurrency*: 1 sense > noun 1, possession
Meaning	currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing.
Narrower	Eurodollar	A United States dollar deposited in a European bank and used as an international currency to finance trade
Broader	currency	The metal or paper medium of exchange that is presently used