LIBOR is an acronym for London Interbank Offer Rate,which is an average of interest rates offered by London banks to smaller North American corporations.

Name: LIBOR is an acronym for London Interbank Offer Rate,which is an average of interest rates offered by London banks to smaller North American corporations.
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LIBOR is an average of interest rates offered by London banks to other large, internationally active banks, not smaller North American corporations.

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