LONDON INTERBANK OFFERED RATE Definition

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LONDON INTERBANK OFFERED RATE (LIBOR) is the rate that the most creditworthy international banks that deal in Eurodollars charge each other for large loans. It is equivalent to the federal funds rate in the U.S.

Learn new Accounting Terms

ARR is an acronym for Accounting Rate of Return.

TOBIN RATIO see MARKET TO BOOK VALUE.

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