| 单词 | London Inter Bank Offered Rate |
| 释义 | London Inter Bank Offered Rate = (LIBOR) The rate of interest on short-term wholesale loans in the London money market: this is the rate at which banks lend to each other. LIBOR is used as a bench-mark for variable-rate loans within the UK and internationally. A less developed country (LDC), for example, might be offered a loan at LIBOR plus 3 per cent. |
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