LIBOR is an acronym for London Interbank Offer Rate,which is an average of interest rates offered by London banks to smaller U.S.corporations on all deposits.

Name: LIBOR is an acronym for London Interbank Offer Rate,which is an average of interest rates offered by London banks to smaller U.S.corporations on all deposits.
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LIBOR is an average of interest rates offered by London banks to each other on short-term loans, not specifically to smaller U.S. corporations on all deposits.

LIBOR Is an Acronym for London Interbank Offer Rate,which Is