Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does London Interbank Offered Rate mean?

SEARCHING
Suggestion/Report Error
London Interbank Offered Rate
(LIBOR)
Noun


The daily reference rate based on the averaged interest rates at which prime banks are prepared to provide deposits to other prime banks in the London interbank market.

Comment: 
As an acronym, all caps are commonly used in its abbreviation.
top
© 2015-2022 Pecunica LLC.  All rights reserved.
;