LIBOR


LIBOR
The London Inter-Bank Offered Rate. This is the interest rate offered by prime banks on the London Inter-Bank Market for sterling deposits of a given period at any given time; in effect the rate at which banks themselves borrow money.

Easyform Glossary of Law Terms. — UK law terms.


LIBOR
The London Interbank Offered Rate, that is, the interest rates at which banks borrow funds, in marketable size, in the London Interbank Market.
+ LIBOR
USA
LIBOR (or the London Interbank Offered Rate) is a daily reference rate based on the interest rates at which banks borrow short-term funds from banks in the London Interbank Market. There are many different LIBOR rates, depending on duration and currency (for example, one-month, three-month and six-month pound sterling LIBOR, Euro LIBOR, US dollar LIBOR, Japanese yen LIBOR). LIBOR is affected by several factors such as liquidity in the London cash markets, the banks that comprise the contributor panels (which aim to reflect the balance of the market by reporting the average of selected interbank offer rates) and local interest rate policy. LIBOR rates are published daily by Reuters, as well as certain other financial-services publishers.
For more information on Eurodollar Rate/LIBOR, see Standard Clauses, Loan Agreement: Borrowing Mechanics (www.practicallaw.com/3-383-6717).
For links to loan agreement Eurodollar Rate/LIBOR provisions, see Practice Note, What's Market: Eurodollar Rate/LIBOR Interest Rate Provisions (www.practicallaw.com/8-385-8146).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • LIBOR — (London InterbankBasic Operating Rate) es una tasa de referencia diaria basada en las tasas de interés bajo la cual los bancos ofrecen fondos no asegurados a otros bancos en el mercado monetario mayorista (o mercado interbancario). LIBOR será… …   Wikipedia Español

  • Libor — ist die Abkürzung für: London Interbank Offered Rate Libor ist der Familienname folgender Personen: Christiane Libor, deutsche Sängerin in der Stimmlage Sopran Hajo Libor (* 1962), deutsch tschechischer Sportler und Weltmeister im Drachenboot… …   Deutsch Wikipedia

  • LIBOR — Le Libor est une série de taux de référence du marché monétaire de différentes devises. Son nom a été formé par la contraction des mots anglais London interbank offered rate (en français, « taux interbancaire offert à Londres »).… …   Wikipédia en Français

  • LIBOR — Лондонская межбанковская ставка предложения (LIBOR London Interbank Offered Rate) – средневзвешенная  ставка рефинансирования  основанная на процентных ставках, по которой предлагаются кредиты  банкам,  которые  выходят на лондонский… …   Финансовый словарь

  • Libor —   [Abkürzung für London Interbank Offered Rate], Referenzzinssatz, zu dem international agierende Banken in London Geldmarktgeschäfte tätigen. Da für verschiedene Währungen und Laufzeiten unterschiedliche Liborsätze gelten, ist der Libor kein… …   Universal-Lexikon

  • LIBOR — statusas Aprobuotas sritis finansų rinka apibrėžtis Vidutinė tarpbankinė palūkanų norma, už kurią bankai skolintų lėšų eurais, doleriais ir kitomis pagrindinėmis pasaulio valiutomis Londono tarpbankinėje rinkoje. Šį rodiklį apskaičiuoja Britų… …   Lithuanian dictionary (lietuvių žodynas)

  • Libor — m Czech: from the Latin name Liberius, a derivative of liber free. St Liberius was a 2nd century bishop of Ravenna. Pet forms: Liborek, Libek …   First names dictionary

  • libor — ● libor nom masculin (abréviation de London inter Bank offered rate) Taux (à 3, 6, 9 ou 12 mois) auquel les banques s échangent entre elles les eurodevises à Londres …   Encyclopédie Universelle

  • LIBOR — sigla ES ingl. London Interbank Offered Rate, tasso d interesse interbancario di Londra, tasso che le maggiori banche operanti a Londra concordano di pagare sui depositi interbancari …   Dizionario italiano

  • LIBOR — (London Interbank Offered Rate) interest rates that major international banks charge one another for loans …   English contemporary dictionary


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