Short-term interest rate used by London banks and quoted in the European money markets for Eurodollar transactions.
The rate of interest that major international banks in London charge each other for borrowings. Many variable interest rates in the US are based on spreads off LIBOR. By contrast with the bid rate LIBID quoted by banks seeking such deposits.
The rate at which banks in the foreign market lend dollars to one another. LIBOR varies by deposit maturity. A common interest rate index; one of the most valid barometers of the international cost of money.
the average rate charged by large banks in London for loans to each other. LIBOR is a relatively volatile rate and is typically quoted in maturities of one month, three months, six months and one year.
The short - term rate (1year or less) at which banks will lend to each other in London. Commonly used as a benchmark for adjustable - rate financing.
The rate that most creditworthy banks dealing in Eurodollars charge each other for large loans. The LIBOR is commonly used as an index for adjustable rate mortgages.
The rate charged by international banks for loans involving eurodollars.
The interest rate used among the most creditworthy international banks for large loans in eurodollars. LIBOR is an important reference number, because loans to businesses can be tied to it on a percentage basis. See also prime rate and interest basis.
A worldwide base borrowing and lending rate between lenders. Often used as an index or a base for defining a borrowing rate for customers.
The rate of interest that banks in Europe are willing to lend funds in U.S. dollars. Sometimes used as a floating or adjustable rate link.
A deposit or loan rate that is constructed daily from the average offer rate of major banks in London. LIBOR is widely used to price money market securities, often as an index.
The interest rate offered by a specific group of london banks for u.s. dollar deposits of a stated maturity. Libor is used as a base index for setting rates of some adjustable rate financial instruments.... read full article
short term interest rate offered by international banks in the London market for borrowing funds
A standard financial index used in the U.S capital markets to determine the rate of interest at which banks offer to lend money to one another.
The interest rate at which banks in London are prepared to lend funds to first-class banks
The posted rate at which prime banks offer to make Eurodollar deposits available to other prime banks for a given maturity which can range from overnight to five years.
The rate that international banks dealing in Eurodollars charge each other for large loans. Some domestic banks use this rate as an index for adjustable rate mortgages.
See on: Wikipedia Investopedia LIBOR stands for the London Interbank Offered Rate and is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the London wholesale (or "interbank") money market.
London Interbank Offered Rate (or LIBOR, pronounced LIE-bore) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the London wholesale money market (or interbank market). LIBOR is the opposite of the London Interbank Bid Rate (LIBID).
