Definition, Meaning & Synonyms

euromarket

noun

/ˈjʊəroʊˌmɑrkɪt/

Definition

A euromarket refers to the international market for buying and selling European currencies and financial instruments.

Examples

The euromarket plays a crucial role in determining the value of the Euro against other currencies.
Many companies choose to issue bonds in the euromarket to attract international investors.
Investors often look into euromarket trends to guide their foreign exchange decisions.

Meaning

The term ‘euromarket’ specifically denotes a marketplace that facilitates transactions involving Euro-denominated assets, enabling companies and financial institutions to raise funds and invest across borders within Europe.