© 2016 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

LIBOR

Definition:

London Interbank Borrowing.

LIBOR is the "best" interest rate in Britain. It's the interest rate that the safest customers get when they borrow money from British banks.