LIBOR

(redirected from London Interbank Offered Rate)
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Related to London Interbank Offered Rate: Exhaustion Gap

LIBOR

(ˈlaɪbɔː) or

Libor

n acronym for
London Inter-Bank Offer Rate: the standard rate of interest for loans between financial institutions
References in periodicals archive ?
The indebted property developer revealed it has offered paying 175 basis points in interest over the London Interbank Offered Rate (Libor).
Furthermore, the notes are subject to low price volatility risk, because their returns are indexed to the London Interbank Offered Rate.
Recently, NYMC introduced jumbo mortgages pegged to the London Interbank Offered Rate (LIBOR), enabling homeowners to obtain adjustable-rate loans with current rates of less than three percent.
Fierro, NYMC's chief operating officer, says many Westchester County residents can benefit from the firm's new "LIBOR" jumbo loan, which is pegged to the London Interbank Offered Rate and currently offers adjustable-rate mortgages at initial rates of less than 3%.
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