How Do You Spell EUROBOND?

1. Eurobond is a financial instrument issued in a foreign currency, typically by a multinational corporation or a government entity. It is a type of bond that is traded and sold outside the jurisdiction of the currency in which it is denominated, and it is usually issued in the capital markets of countries other than the one in which the issuer is based.

   This type of bond is known as a Eurobond regardless of the currency it is issued in, and it has become a widely recognized term in the international finance market. Eurobonds are usually issued in large denominations and are sought after by investors seeking diversification or higher yields. They are often traded on the international secondary bond market and can be listed on multiple stock exchanges.

   Eurobonds have features that distinguish them from domestic bonds. They are typically issued under English law and are subject to the regulations and legal system of the country in which they are traded. Unlike domestic bonds, Eurobonds are not subject to withholding taxes by the country in which they are traded. This characteristic makes them attractive to international investors seeking tax-efficient investment options.

   Overall, Eurobonds play an important role in facilitating international borrowing and investment. They provide a means for entities to raise funds in foreign currency and allow investors to access international debt markets. The term "Eurobond" has broadened over time to encompass bonds issued in any currency but traded outside of the country where the issuer is based, reflecting the global nature of these instruments in contemporary finance.

Common Misspellings for EUROBOND

The word "eurobond" is formed by combining the terms "euro" and "bond".

The term "euro" essentially refers to Europe and is derived from the Latin word "europa", which in turn originates from Greek mythology. Europa was a Phoenician princess abducted by Zeus, who disguised himself as a bull. The continent of Europe was later named after her.

The term "bond" derives from the Old English word "bonda", meaning "husbandman" or "villager". Over time, the sense of bonding or joining became associated with the word "bond", leading to its use in the context of financial securities.

In the context of finance and economics, "eurobond" was coined to describe a type of bond issued in a currency different from that of the country where it is issued.

Plural form of EUROBOND is EUROBONDS