Eurocredit market

Definition

The market where financial banking institutions provide banking services denominated in foreign currencies. They may accept deposits and provide loans. Loans provided in this market are medium-term loans, unlike loans made in the Eurocurrency market.

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Popular 'Banking' Terms

negotiable
letter of credit
bank draft
bank
commercial bank

account
overdraft protection
compound interest
overdraft
lockbox

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Eurocredit market is ...

... part of the Banking and Global subjects.

Nearby Terms

Eurobank
Eurobond
Euroclear
Eurocommercial paper
Eurocredit
Eurocredit market
Eurocurrency
Eurocurrency market
Eurodollar
Eurodollar bond
Eurodollar certificate of deposit