eurosterling

eurosterling
eurosterling eu‧ro‧ster‧ling [ˈjʊərəʊˌstɜːlɪŋ ǁ ˈjʊroʊˌstɜːr-] noun [uncountable] FINANCE
British pounds, and bonds etc in British pounds, that are held and lent by banks outside Britain:

• Last month's £150 million issue was the first eurosterling issue by an Indian company.

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Eurosterling UK US /ˈjʊərəʊˌstɜːlɪŋ/ noun [U] MONEY
British pounds held in banks outside Britain: »

The Eurosterling bond issue, which will be settled on Friday, will have a maturity date of 20 March 2013.


Financial and business terms. 2012.

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Look at other dictionaries:

  • Eurosterling market — The market for instruments denominated in Sterling which pay interest gross and which are generally held in accounts outside the UK. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Eurosterling — Euˈrosterling noun Sterling as part of Eurocurrency • • • Main Entry: ↑Euro …   Useful english dictionary

  • Eurosterling bond — A corporate bond issued by a UK company that wants to raise money in the international markets instead of its home market. Financial Services Glossary …   Financial and business terms

  • international payment and exchange — ▪ economics Introduction international exchange also called  foreign exchange        respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …   Universalium

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