Eurodollar bond

Eurodollar bond definition - business

Eurodollar bond

A dollar-denominated bond sold to investors outside the United States. These securities allow buyers to benefit, or lose, from variations in currency exchange rates. A Eurodollar bond is an example of a Eurobond.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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