eurocurrency Synonyms
No Synonyms and anytonyms found
eurocurrency Meaning
Wordnet
eurocurrency (n)
currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing
eurocurrency Sentence Examples
- Eurocurrency is a term used to refer to currency that is deposited in banks outside of the country that issued it.
- Eurocurrency deposits are often held in major financial centers such as London, New York, and Singapore.
- The eurocurrency market is a global market where currencies are traded and exchanged.
- The eurocurrency market is a significant source of funding for multinational corporations and financial institutions.
- Eurocurrency loans are typically made at floating interest rates, which means that the interest rate can change over time.
- The eurocurrency market is regulated by a number of different authorities, including the Bank of England, the Federal Reserve, and the European Central Bank.
- The eurocurrency market is considered to be a wholesale market, meaning that it is primarily used by large financial institutions and corporations.
- The eurocurrency market is a significant part of the global financial system, and it plays an important role in facilitating international trade and investment.
- The eurocurrency market is constantly evolving, and new products and services are being introduced all the time.
- The eurocurrency market is a complex and sophisticated market, and it is important to understand the risks involved before participating in it.
FAQs About the word eurocurrency
currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing
No synonyms found.
No antonyms found.
Eurocurrency is a term used to refer to currency that is deposited in banks outside of the country that issued it.
Eurocurrency deposits are often held in major financial centers such as London, New York, and Singapore.
The eurocurrency market is a global market where currencies are traded and exchanged.
The eurocurrency market is a significant source of funding for multinational corporations and financial institutions.
