EURIBOR

EURIBOR,

Definition of EURIBOR:

  1. The basic rate of interest used in lending between banks on the European Union interbank market and also used as a reference for setting the interest rate on other loans.

  2. European Interbank Offered Rate. European Banking Federations euro-denominated alternative to dollar-denominated LIBOR.

Meaning of EURIBOR & EURIBOR Definition