The article may contain affiliate links from partners. The words, opinions, and reviews are our own. Learn how we make money to support our financial wellness mission.

The London Interbank Offered Rate (LIBOR) is the average interest rate paid on deposits of US dollars in the London market.

London Interbank Offered Rate

The interest rates banks charge each other for short-term loans. LIBOR is frequently used as the base for resetting rates on floating-rate securities.

Main Menu