LIBOR
Britishabbreviation
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Once dubbed the world's most important number, London Interbank Offered Rate or LIBOR, is a rate based on quotes from big banks on how much it would cost to borrow short-term funds from one another.
From Reuters • Mar. 24, 2023
If companies have to refinance debt at higher rates, or they are carrying debt that adjusts quarterly to the LIBOR, they will have to pay more in interest.
From New York Times • Jan. 1, 2019
The yield can be fixed, variable or pegged to a benchmark index such as the London Interbank Offered Rate, better known as LIBOR.
From Encyclopedia.com • Mar. 31, 2018
Jenkins took charge of Barclays after allegations it was involved in the manipulation of London interbank offered rate or LIBOR.
From US News • Oct. 28, 2015
Institutional investors love this paper because yield is tied to LIBOR, thus protecting you from losses in a rising yield scenario.
From Forbes • Jun. 9, 2014
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
