Definition of Eurocurrency
1. Noun. Currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing.
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Lexicographical Neighbors of Eurocurrency
Literary usage of Eurocurrency
Below you will find example usage of this term as found in modern and/or classical literature:
1. Bank Profitability: Methodological Country Notes by Organization for Economic Cooperation An, Oecd (2003)
"In the Eurocurrency market the banks borrow predominantly at short-term but lend under various arrangements for periods up to five years. ..."
2. Capital (1888)
"... and continued recourse to borrowings in the Eurobond and medium term Eurocurrency credit markets at an annual rate of the order of $ 950 million. ..."
3. Sea-Changes: American foreign policy in a world transformed by Nicholas X. Rizopoulos (1990)
"Now, with the growth of global capital markets, of Eurobonds and Eurocurrency loans, all governments have given up a large part of their control over the ..."
4. Europe and America Beyond 2000 by Pierre Hassner, Gregory F. Treverton (1990)
"The giant Eurocurrency market gives some indication of the scale of such relationships. Huge reciprocal direct and indirect investments tie Europe and ..."
5. Regulatory Reform in the United States by Scott H. Jacobs (1999)
"... could not compete against institutions that were free from these restrictions or against foreign banks with access to financing in Eurocurrency markets. ..."