Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Eurodollar

Read a random definition: anticipatory nuisance

A quick definition of Eurodollar:

Eurodollar: Money in U.S. dollars that is kept in a bank outside of the United States, usually in Europe, and is used to pay for things between different countries.

A more thorough explanation:

Definition: Eurodollar refers to United States currency that is held in a bank outside of the United States, usually in Europe. This currency is commonly used to settle international transactions.

Example: A company based in Japan needs to pay a supplier in the United States for goods they received. Instead of using Japanese yen or U.S. dollars, they may choose to use Eurodollars held in a bank in Europe to complete the transaction.

Explanation: This example illustrates how Eurodollars can be used to settle international transactions. By using Eurodollars, the company in Japan can avoid currency exchange fees and potential fluctuations in exchange rates. The supplier in the United States can receive payment in U.S. dollars, which is their preferred currency, without having to worry about the complications of international currency exchange.

euro | Euro Interbank Offered Rate

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
LSD+ is ad-free, with DMs, discounts, case briefs & more.