Investor Definitions

LONDON INTERBANK OFFERED RATE (LIBOR)

The interest rates banks charge each other for short-term loans. LIBOR is frequently used as the base for resetting rates on floating-rate securities.

LONDON INTERBANK OFFERED RATE LIBOR INTERBANKLIBORLONDONOFFEREDRATE

The interest rates banks charge each other for short-term loans. LIBOR is frequently used as the base for resetting rates on floating-rate securities.