The-definition.com

Definition

LIBOR

LIBOR is the London Interbank Offered Rate on short-term Eurodollar deposits, which is used as a common basis for quoting loan rates to corporations and other large borrowers.

Share it:  Cite

More from this Section

  • Business Values
    values represents basic convictions that a specific mode of conduct or end stat of existence ...
  • Noninterest margin
    Noninterest margin is the spread between noninterest income and noninterest expenses of ...
  • Trade Creditors
    Trade Creditors organisations, which are owed money for goods and services supplied. ...
  • Section 1245 Property
    In a broad sense, Section 1245 Property comprises accumulated depreciation property utilized ...
  • Investment Banking Specialists
    Banks are becoming increasingly involved in assisting their business customers with the ...