Webster's Online Dictionary
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"EURODOLLARS" is a common misspelling or typo for: euro-dollars.

Specialty Definition: EURODOLLARS

DomainDefinition
BankingDeposits denominated in U.S. dollars at banks and other financial institutions outside the United States. Although this name originated because of the large amounts of such deposits held at banks in Western Europe, similar deposits in other parts of the world are also called Eurodollars. (references)
BusinessUS dollar deposits placed with banks outside the US. Holders may include individuals, companies, banks, and central banks. (references)
FinanceDeposits denominated in U. S.dollars at banks and other financial institutions outside the United States. Although this name originated because of the large amounts of such deposits held at banks in Western Europe, similar deposits in other parts of the world are also called Eurodollars. (references)
WikipedicEurodollars are deposits denominated in United States dollar at banks outside the United States, and thus are not under the jurisdiction of the Federal Reserve. Subsequently, such deposits are regulated much less than similar deposits within the United States, allowing for higher margins. (references)

Source: compiled by the editor from various references; see credits.

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