Definition of LIBOR in English:

LIBOR

Syllabification: LIBOR
Pronunciation: /ˈlībôr
 
/

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.

Definition of LIBOR in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day fioritura
Pronunciation: fɪˌɔːrɪˈt(j)ʊərə
noun
an embellishment of a melody...