Eurocurrency deposit

Eurocurrency deposit
A short-term fixed rate time deposit denominated in a currency other than the local currency ( i.e. US$ deposited in a London bank). The New York Times Financial Glossary
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A short-term fixed-rate time deposit denominated in a currency other than the local currency ( e.g., U.S. dollars deposited in a London bank). Bloomberg Financial Dictionary

Financial and business terms. 2012.

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Look at other dictionaries:

  • Eurocurrency — instrument issued outside your country, but denominated in your currency. A Eurodollar is a certificate of deposit in U.S. dollars issued in some other country (though mainly traded in London). A Euroyen is a CD issued in yen outside Japan.… …   Financial and business terms

  • eurocurrency — A foreign currency deposit at a bank located outside the country where the currency is issued as a legal tender. For example, dollars deposited in a bank in Switzerland are eurodollars, yen deposited at a US bank are euroyen, etc. The deposit… …   Accounting dictionary

  • eurocurrency — A foreign currency deposit at a bank located outside the country where the currency is issued as a legal tender. For example, dollars deposited in a bank in Switzerland are eurodollars, yen deposited at a US bank are euroyen, etc. The deposit… …   Big dictionary of business and management

  • euro certificate of deposit — Euro CD A certificate of deposit denominated in a eurocurrency London is the main issuing centre …   Big dictionary of business and management

  • Foreign currency denominated account — Eurocurrency is the term used to describe deposits residing in banks that are located outside the borders of the country that issues the currency the deposit is denominated in. For example a deposit denominated in US dollars residing in a… …   Wikipedia

  • Евровалютный депозит — краткосрочный депозит с фиксированной ставкой, деноминированный в валюте, отличной от национальной валюты. По английски: Eurocurrency deposit См. также: Евровалютные депозиты Депозитные сертификаты Евробумаги Финансовый словарь Финам …   Финансовый словарь

  • ЕВРОДОЛЛАРЫ — EURODOLLARSОбязательства банков США по долларовым вкладам, депонированным (переведенным) в банки, расположенные вне США, в т. ч. в филиалы банков США за рубежом, при этом физического перемещения средств из банков США не происходит. В свою очередь …   Энциклопедия банковского дела и финансов

  • Eurodollar — This is an American dollar that has been deposited in a European bank or an U.S. bank branch located in Europe. It got there as a result of payments made to overseas companies for merchandise. The New York Times Financial Glossary Refers to a… …   Financial and business terms

  • Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System …   Wikipedia

  • Reserve requirement — The reserve requirement (or required reserve ratio) is a bank regulation that sets the minimum reserves each bank must hold to customer deposits and notes. These reserves are designed to satisfy withdrawal demands, and would normally be in the… …   Wikipedia

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