Noun
LIBOR
(finance) Acronym of London Interbank Offered Rate (loan interest rate)
To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments - whoever was ripped off is entitled to get their money back. Peter Welch
Contrary to what the subprime crisis, the Libor scandal and the periodic tax-dodging outrages might lead us to believe, they are not venal megalomaniacs. Source: Internet
A costly too many men penalty allowed the pats to score one more time, this one courtesy of Libor Hajek, pushing the lead to 6-4 with just over one minute remaining in the game. Source: Internet
It briefly turned negative during the worst of the coronavirus downturn, but both TED and LIBOR have declined far enough to turn back positive. Source: Internet
Approximately 50% of our portfolio is floating rate and split between LIBOR and prime. Source: Internet
In addition, many banks have LIBOR exposure by issuing fixed-rate debt and then purchasing swap agreements to pay LIBOR rates, creating a synthetic rather than a fundamental LIBOR exposure. Source: Internet