Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• EURO LIBOR
  
  The British Bankers Association’s Euro-denominated analog to dollar LIBOR. As of January, 1999, the European Banking Federation’s Euribor (q.v.) seems to be winning its battle for acceptance over Euro LIBOR, but London still hopes to win the war for the financial business. On 1/7/99 LIFFE announced plans for new contracts, based on five- and ten-year Euribor swaps.
  
  Back