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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.

After scandals over the fixing of benchmarks such as LIBOR, many feared regulators could see it as price manipulation.

From Reuters • Dec. 8, 2021

And in 2015, Deutsche Bank agreed to pay $2.5 billion in penalties to settle accusations that it had manipulated the London interbank offered rate, or LIBOR.

From New York Times • Jul. 7, 2020

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