LIBID Definition

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LIBID is the London Interbank Bid Rate, the rate that a bank is willing to pay for funds in the international interbank market.

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TREASURY NOTE is a intermediate term debt obligation of the US government that has a maturity from one to ten years. They are issued in $1,000 denominations and pay interest semiannually. Treasury notes are commonly abbreviated as "T-notes".

COMMERCIAL LOAN is a short-term business loan usually issued for a term of up to six months.

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