GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:12 Feb 9, 2007 |
English language (monolingual) [PRO] Bus/Financial - Finance (general) / Meaning of acronym/types of interest rate | |||||||
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| Selected response from: MikeGarcia Spain Local time: 16:31 | ||||||
Grading comment
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Discussion entries: 8 | |
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LIBOR London Interbank Offered Rate Explanation: What is LIBOR? Libor stands for the London Interbank Offered Rate and is the rate of interest at which banks borrow funds from each other, in marketable size, in the London interbank market. (taken from the website of the British Bankers' Association) Reference: http://www.proz.com/kudoz/1280766 Reference: http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=225&a=1416 |
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15 mins confidence: peer agreement (net): +1
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