BNET Business Dictionary
Business Definition for: London Inter Bank Bid Rate
- on the U.K. money markets, the rate at which banks will bid to take deposits in Eurocurrency from each other. The deposits are for terms from overnight up to five years.
- Abbr. LIBID
Neighboring Terms
- LOL
- London Bullion Market
- London Chamber Of Commerce And Industry
- London Clearing House
- London Commodity Exchange
- London Inter Bank Bid Rate
- London Inter Bank Mean Rate
- London Inter Bank Offered Rate
- London International Financial Futures And Options Exchange
- London Metal Exchange
- London Traded Options Market
