Euromarketn.
/ˈjʊərəʊˌmɑːkɪt/, /ˈjɔːrəʊˌmɑːkɪt/, U.S. /ˈjəroʊˌmɑrkət/, /ˈjʊroʊˌmɑrkət/ 1. The Common Market of the European Economic Community or (later) the European Community. Now rare.
ΘΚΠ
society > trade and finance > financial dealings > types of money-dealing > [noun] > in European money market > European money market
Euromarket1957
Euromart1957
1957 Harvard Law Rev. 70 1513 Current proposals for the European Economic Community (Euromarket) and the Atomic Energy Community (Euratom) also envisage the establishment of parliamentary assemblies.
1963 N. Freeling Gun before Butter ii. 82 The great difference in the fixed retail price..is one of the complex anomalies that the Euromarket has not yet abolished.
1994 Ann. Amer. Acad. Polit. & Social Sci. 531 98/2 (heading) The opening up of the Euromarket to third countries... EC-1992 had the unexpected result of significantly liberalizing access to the EC market for third countries.
2. The market in currencies or securities that have been deposited outside the country in which they were issued (originally but now not necessarily in Europe); a particular Eurocurrency market. Cf. Euro- comb. form 3.
ΘΚΠ
society > trade and finance > financial dealings > types of money-dealing > [noun] > in European money market
Eurodeposit1961
Euromarket1963
Euro-issue1966
Eurocheque1969
Euroclear1969
1963 Statistics 5 Apr. 37/2 This short description of the ‘Euro’ markets.
1971 Amer. Banker 14 Sept. 18/1 The latest push in the Euromarket is developing through commercial paper.
1985 Financial Times 19 Dec. ii. 31/1 Yields in the Euromarkets have looked too high against New York yields to attract borrowers.
2002 P. Langley World Financial Orders 101 London's domination of the Euromarket, then, reflected the prevalence of Eurodollar business within the Euromarkets.
This entry has been updated (OED Third Edition, June 2008; most recently modified version published online March 2022).
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n.1957