What is Eurocurrency?
Not what you're looking for?
Please give some descriptions of Eurocurrency and gives relevant references.
Purchase this Solution
Solution Summary
The solution defines what is Eurocurrency.
Solution Preview
What is Eurocurrency?
1. Certificates of Deposit (CDS), bonds, deposits, or any capital market instrument issued outside of the national boundaries of the currency in which the instrument is denominated (for example, Euro-Swiss francs, Euro-Deutsche marks, eurodollars, eurodollar bonds, or eurodollar CDS).
2. A currency deposited in a bank located in a country other than the country issuing the currency.
3. Currency that is owned by people not being a national of the nation that issued the currency
4. Created when a banking office in one country accepts a deposit ( or other evidence of debt) denominated in the currency of another. When the deposit is denominated in U.S. dollars, it is a Eurodollar ...
Purchase this Solution
Free BrainMass Quizzes
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.
Accounting: Statement of Cash flows
This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.