Eurocurrency
noun[CorU]
uk/ˈjʊərəʊˌkʌrənsi/uspluralEurocurrencies(alsoEuromoney[U])MONEY
moneythatgovernmentsandlargecompanieskeeportradeoutsidetheirowncountryanywherein theworld. Eurocurrency does not refer to theeuro, thecurrencyused in someEuropeancountries:
If a UKresidenthad adepositin a UKbankin anycurrencyother thansterling, this would be anexampleof Eurocurrency.