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LIBOR

British

/ ˈlaɪbɔː /

abbreviation

London Inter-Bank Offer Rate: the standard rate of interest for loans between financial institutions

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Many existing issues across financial markets are still linked to LIBOR, however.

From Reuters • Jun. 6, 2023

If companies have to refinance debt at higher rates, or they are carrying debt that adjusts quarterly to the LIBOR, they will have to pay more in interest.

From New York Times • Jan. 1, 2019

The yield can be fixed, variable or pegged to a benchmark index such as the London Interbank Offered Rate, better known as LIBOR.

From Encyclopedia.com • Mar. 31, 2018

Jenkins took charge of Barclays after allegations it was involved in the manipulation of London interbank offered rate or LIBOR.

From US News • Oct. 28, 2015

Institutional investors love this paper because yield is tied to LIBOR, thus protecting you from losses in a rising yield scenario.

From Forbes • Jun. 9, 2014

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023