Related Content

More Like This

Show all results sharing these subjects:

  • Social sciences
  • Economics


Show Summary Details


London Inter Bank Offered Rate

Quick Reference


The rate of interest on short-term wholesale loans in the London money market: this is the rate at which banks are willing to lend to each other. LIBOR is used as a benchmark for variable-rate loans within the UK and internationally.

Subjects: Social sciencesEconomics

Reference entries

View all reference entries »