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.

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Word of the day kerf
Pronunciation: kərf
noun
a slit made by cutting with a saw