Meaning LONDON INTERBANK OFFERED RATE (LIBOR): The rate of interest that major international banks in London charge each other for borrowings. Many variable interest rates in the U.S. are based on spreads off LIBOR. By contrast with the bid rate LIBID quoted by banks seeking such deposits
More terms such as London Interbank Offered Rate (LIBOR) in Dictionary L.
- Definition Legal List:
- Examples A list of high-quality debt and equity securities chosen by a state agency that are acceptable holdings for fiduciary institutions london interbank offered rate (libor) definition.
- Definition London Stock Exchange (LSE):
- Examples regional exchanges joined together in 1973 to form the stock exchange of Great Britain and Ireland, later named the LSE. The FTSE 100 index (known as the footsie) is its dominant index london interbank offered rate (libor) explain.
- Definition Limitation On Liens:
- Examples A bond covenant that restricts in some way a firm's ability to grant liens on its assets london interbank offered rate (libor) what is.
- Definition Listed Security:
- Examples has been accepted for trading by one of the organized and registered securities exchanges in the United States. Generally, the advantages of being listed are that exchanges provide: (1) an orderly london interbank offered rate (libor) meaning.
- Definition Limited-Liability Instrument:
- Examples A security, such as a call option, in which the owner can lose only the initial investment london interbank offered rate (libor) abbreviation.
