单词 | euromarket |
释义 | euromarket 1) A market that emerged in the 1950s for financing international trade. Its principal participants are commercial banks, large companies, the central banks of members of the EU, and (from 1999) the European Central Bank. Its main business is in eurobonds, euro-commercial paper, euronotes, and euroequities issued in eurocurrencies. The largest euromarket is in London, but there are smaller ones in Paris, Brussels, and Frankfurt. 2) The European Union, regarded as one large market for goods. |
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