Euromarket

1.

A market where a currency is traded outside that currency's home country.

For example, US dollars traded in London.

2.

Potentially confusingly, the term 'euromarket' is also sometimes used, much more broadly, as a general term for the international capital market.

This wider definition includes both the narrower strict definition of euromarkets above, and, for example, foreign bonds.

See also

• euro
• Eurocommercial paper
• Eurocurrency markets
• Foreign bond
• International capital market
• Tax sparing