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LIBOR

Syllabification: (LIBOR)
Pronunciation: /ˈlībôr/
Definition of LIBOR

abbreviation

  • London interbank offered rate, the basic rate of interest used in lending between banks on the London interbank market and also used as a reference for setting the interest rate on other loans.

LIBOR in other Oxford dictionaries

Definition of LIBOR in the British & World English dictionary