Share this entry

Share this page

LIBOR

Line breaks: LIBOR
Pronunciation: /ˈlʌɪbɔː
 
/

Definition of LIBOR in English:

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:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day ingratiate
Pronunciation: ɪnˈɡreɪʃɪeɪt
verb
bring oneself into favour with someone through flattery…