EUROCURRENCY

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

Currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("Eurocurrency" is a kind of...):

currency (the metal or paper medium of exchange that is presently used)

Hyponyms (each of the following is a kind of "Eurocurrency"):

Eurodollar (a United States dollar deposited in a European bank and used as an international currency to finance trade)

Credits