HomeDefinitionsCompareDebt Eurocurrency depositThe financial definition for Eurocurrency deposit:A short-term fixed-rate time deposit denominated in a currency other than the local currency (i.e., US dollars deposited in a London bank). Similar MatchesEurocurrency marketEurocurrency marketThe money market for borrowing and lending currencies that are held in the form of deposits in banks located outside the countries where the currencies are issued as legal tender. Click to compare definitions of Eurocurrency deposit Click to view definitions beginning eu |