The interest rate at which banks borrow funds from each other, in marketable size, in the London interbank market. This...

It stands for the London Interbank Offered Rate, i.e., the interest rate at which banks borrow funds from each other,...

The interest (interest rate) that represents the highest interest rate that a bank or financial institution can legally charge on...

To voluntarily give up a possession, claim, or right, such as to abandon a financial asset. It could also refer...