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London Interbank Offered Rate
(redirected from London Inter Bank Offered Rate)

   Also found in: Wikipedia 0.07 sec.
London Interbank Offered Rate
A short-term interest rate often quoted as a 1,3,6-month rate for U.S.dollars.


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Afterward, it becomes an adjustable rate based on the London Inter Bank Offered Rate, or LIBOR, plus 10.
 
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