What is another word for eurodollar?
Pronunciation: [jˈʊ͡əɹə͡ʊdˌɒlə] (IPA) 
There are several synonyms for the term "eurodollar" which refers to the US currency that is held in banks outside of the United States. Some of these synonyms include offshore dollar, offshore funds, and eurocurrency. These terms are often used interchangeably to describe the same type of currency and financial transactions that occur outside of national borders. Eurodollars are typically used by international businesses and governments as a way to conduct transactions and hedge against inflation and currency fluctuations. Other related terms include eurobond, eurocurrency market, and eurodollar deposit. These synonyms are all interconnected and represent the growing globalization of the financial marketplace.
