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Glossary > E > "Eurocurrency deposit" Definition

Eurocurrency deposit

A short-term fixed rate time deposit denominated in a currency other than the local currency (i.e. US$ deposited in a London bank).

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Eurocurrency deposit - A short-term fixed rate time deposit denominated in a currency other than the local currency (i.e. US$ deposited in a London bank).

Eurocurrency deposit : a short-term fixed rate time deposit denominated in a currency other than the local currency (i.e. us$ deposited in a london bank).