Euroclear A principal clearing system used in the Eurobond market that commenced operations in 1968. It is managed by Morgan Guaranty Bank and is based in Brussels. … [Read more...]
Eurocurrency Deposit
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Eurocurrency Deposit Time deposit with a currency denomination other than local/ domestic currency, that comes with a short-term maturity and a fixed rate. … [Read more...]
Eurocurrency Market
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Eurocurrency Market A money market wherein currencies can be borrowed or loaned from funds held as deposits in financial institutions/ banks based in a country where the legal tender is not this currency. … [Read more...]
Eurodollar
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Eurodollar American dollar deposited in European bank or an United States bank’s branch in Europe as a result of payments in exchange for merchandise to overseas companies. … [Read more...]
Eurodollar Bonds
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Eurodollar Bonds Bonds falling within the category of Eurobonds, that come with U.S. dollar denomination. … [Read more...]
Euroequity Issues
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Euroequity Issues Instruments/ securities that can be bought in the Euromarket. Such securities are first sold simultaneously to investors in several countries through a worldwide syndicate. … [Read more...]
European Currency Unit (ECU)
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European Currency Unit (ECU) Index originally created in 1979. Forex index comprising of about 10 European nation currencies. … [Read more...]
European Monetary System (EMS)
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European Monetary System (EMS) An arrangement set up in 1979 in the form of an exchange for European Union member nation currencies. … [Read more...]
European Option
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European Option Refer: American option. Option that can be exercised only on date of expiration. … [Read more...]
European Union (EU)
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European Union (EU) 1957 Treaty of Rome founded this Union of European countries for economic policy making. Until 1993 it was called the European Community. At present, there are 15 countries in the Union. The aim of this association is to facilitate a single market with common … [Read more...]
European-Style Option
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European-Style Option Expiry date exercisable option contracts. These cannot be exercised earlier. … [Read more...]
Euroyen
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Euroyen Deposits denominated in Japanese yen, held at banks outside Japan. Also refers to Eurocurrency market yen trades. … [Read more...]
Euro-Commercial Paper
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Euro-Commercial Paper Notes that have short-term maturities (ranging up to 360 days) issued in international money markets by companies. … [Read more...]
Euro-Medium Term Note (Euro-MTN)
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Euro-Medium Term Note (Euro-MTN) Euronote, most often with maturity below five years, issued without underwriting to market directly. Usually offered continuously instead of collectively like bond issues. … [Read more...]
Euro-Note
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Euro-Note Debt instrument traded in Eurocurrency market with short term to medium term maturity. … [Read more...]
Evaluation Period
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Evaluation Period Period of time over which the performance evaluation of a money manager takes place. … [Read more...]
Even Lot
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Even Lot Future exchanges established quantities that are used as benchmarks for quoting prices of commodity. … [Read more...]
Evening Up
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Evening Up A sale or purchase that is carried out to balance out a market position that exists. … [Read more...]
Event Risk
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Event Risk Risk arising from the possibility that an issuer may fail to pay interest and principal because of infrequent, discontinuous, and significantly large, unexpected changes in market environment. Examples of such events include natural or industrial mishap, regulatory … [Read more...]
Event Study
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Event Study Study that examines statistics to determine the impact on prices at a specified time that arises from release of information. … [Read more...]
