LIBOR
Definition
The London Interbank Offered Rate. The rate of interest at which banks borrow funds from other banks, in marketable size, in the London interbank market. LIBOR rates are disseminated by the British Bankers Association. Some interest rate futures contracts, including Eurodollar futures, are cash settled based on LIBOR.
Related Terms Other terms related to 'LIBOR' starting with the letter 'L' Leaps, Locked Limit, Leverage, Lookalike Option, Long Hedge Browse by Letter » A B C D E F G H I J K L M N O P Q R S T U V W Y Z
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