asiadollar: meaning, definition, pronunciation and examples
C2formal
Quick answer
What does “asiadollar” mean?
A U.
Audio
Pronunciation
Definition
Meaning and Definition
A U.S. dollar deposited in a bank outside the United States, primarily in Asian financial markets.
A specific subset of Eurodollars representing U.S. dollar-denominated deposits held in banks located in Asia.
Dialectal Variation
British vs American Usage
Differences
No difference in usage; the term is internationally standardized in finance.
Connotations
Neutral technical descriptor.
Frequency
Extremely low frequency in both regions, confined to specialist contexts.
Grammar
How to Use “asiadollar” in a Sentence
The [bank] holds [amount] in asiadollars.The [market] for asiadollars is [adjective].Vocabulary
Collocations
Examples
Examples of “asiadollar” in a Sentence
adjective
British English
- The asiadollar market in Singapore is highly liquid.
American English
- We analyzed asiadollar deposit rates in Hong Kong.
Usage
Meaning in Context
Business
Used in financial reports, banking, and international trade discussions.
Academic
Used in economics and finance papers on offshore currency markets.
Everyday
Virtually never used.
Technical
Core term in international banking and forex markets.
Vocabulary
Synonyms of “asiadollar”
Neutral
Weak
Vocabulary
Antonyms of “asiadollar”
Watch out
Common Mistakes When Using “asiadollar”
- Using it to refer to any dollar used in Asia.
- Capitalizing it incorrectly (it is often written in lowercase).
FAQ
Frequently Asked Questions
No, it is not a separate currency. It is a U.S. dollar held on deposit in a bank located in Asia.
A Eurodollar is a U.S. dollar deposit held in a bank outside the U.S., typically in Europe. An asiadollar is the same instrument, but specifically held in a bank in Asia.
Typically, asiadollar deposits are large-scale instruments used by corporations, financial institutions, and governments, not by individual retail customers.
They are used for international trade finance, investment, and hedging, often taking advantage of different interest rate environments or regulatory frameworks in Asian financial centers.
A U.
Asiadollar is usually formal in register.
Asiadollar: in British English it is pronounced /ˌeɪʒə ˈdɒlə/, and in American English it is pronounced /ˌeɪʒə ˈdɑːlər/. Tap the audio buttons above to hear it.
Learning
Memory Aids
Mnemonic
Think: 'Asia' + 'dollar' = dollars held in Asian banks.
Conceptual Metaphor
CURRENCY IS A MOBILE COMMODITY.
Practice
Quiz
What is an 'asiadollar'?