Eurodollar
noun [ C ]
uk/ˈjʊərəʊˌdɒlər/ us MONEY
a US dollar which is kept or traded in banks outside the US:
Eurodollars remain unchanged at 5 1/4% for overnight loans.
The Eurocurrency market could create inflation within the US economy if large sums of Eurodollars are spent in the US.
Eurodollar deposits in the UK far exceed the corresponding dollar claims on American banks which UK banks have.
eurodollar bonds/contracts/traders