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LIBOR

British  
/ ˈlaɪbɔː /

abbreviation

  1. London Inter-Bank Offer Rate: the standard rate of interest for loans between financial institutions

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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.

That rate is supposed to replace the London Interbank Offer Rate, or LIBOR, which has been plagued by rate-rigging scandals, as a cornerstone for financial market operations.

From New York Times • Sep. 23, 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

All of the 37 economists polled also expect the central bank to keep its target range for the Swiss franc LIBOR, its benchmark interest rate, at 0 to 0.25 percent for now.

From Reuters • Mar. 18, 2014