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LSDefine

Simple English definitions for legal terms

Eurodollar

Read a random definition: NCA

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

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General

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Dkk
17:11
I got to use Discord for crypto. The only reason I would use it with y'all is to plauy wizard101
babycat
17:11
And I don’t have crypto
Dkk
17:11
No, I do not know @jackfrost so I will not marry.
17:12
Last cycle there was tons of admitted student discords
17:12
and study group ones
Dkk
17:12
@babycat: you got wizard 101?
awww it's ok dkk :(
Dkk
17:12
:)
babycat
17:12
@EvolBunny: yeah and some guy supposedly got kicked out of cornell for saying racial slurs in the admitted students discord
17:12
@Dkk: okay now we know you are not indian
17:13
@babycat: only a fool would do something like that lol why your actual name is connected and associated with the school!
babycat
17:13
I don’t know what wizard101 is sorry
babycat
17:13
@EvolBunny: yeah lol you gotta be a brand new kind of stupid for that
17:13
Like i imagine balls and horseymeds are some of the kindest people irl lol
17:14
in a professional setting
babycat
17:14
Balls is my buddy and I love him but he literally does say slurs out on the street
babycat
17:14
Not in a professional setting though
17:14
But does he at work and around school settings?
17:14
Or only wit his homies in his time
Dkk
17:14
Thank you @EvolBunny
babycat
17:14
Yeah and he buys me margaritas :)
babycat
17:15
Idk about horsey that guy seems like a freak
17:15
He is an arsehole but he is your asshole
1a2b3c4d26z
17:15
Would kill for a marg
Dkk
17:15
*spreads ass in mirror to check*
babycat
17:15
one million margs at nyc lsd meetup
Dkk
17:16
Nope, not my asshole.
1a2b3c4d26z
17:17
I will walk to nyc to do this
17:17
send it
1a2b3c4d26z
17:17
omw
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