Category: E

Eurodollar

Definition A Eurodollar is a U.S. dollar that is deposited in banks outside the United States, mainly in Europe. It represents a common basis for

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Eurobond

Definition A Eurobond is a debt instrument that is denominated in a currency other than that of the country in which it is issued. It

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Eurocurrency

Definition Eurocurrency is a form of currency that is banked outside its country of origin, particularly in Europe. It is not necessarily tied to the

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European Union (EU)

Definition The European Union (EU) is a political and economic union of 27 member countries located in Europe. It operates through a hybrid system of

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