Euribor
noun
BANKINGtrademark(alsoeuribor)uk/ˈjʊərɪbɔːr/usabbreviationforEuropeaninterbankofferedrate: therateofinterestused by themainEuropeanbankswhen theylendmoneyto each other ineuros:
It should becheapertoborrowineurosbecause euribor iscurrentlylowerthan the UKbaserate.
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