One definition of LIBOR,is that it is the rate at which banks can borrow from one another.

Name: One definition of LIBOR,is that it is the rate at which banks can borrow from one another.
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LIBOR stands for London Interbank Offered Rate, and it is indeed the rate at which banks can borrow from each other. It is a benchmark rate used around the world for various financial transactions, such as setting interest rates for loans, mortgages, and derivatives.

One Definition of LIBOR,is That It Is the Rate at Which