Did you know?

Click any word in a definition or example to find the entry for that word

addaword.gifdefinition of Libor

noun
(also LIBOR)
London Interbank Offered Rates: an interest rate at which banks can borrow from one another. It is set daily based on an average of the rates set by major banks around the world
We may well see more heads roll at banks before the Libor scandal is over, but some are wondering about the future of Libor itself.
Submitted from United Kingdom on 04/07/2012 09:56:00
Definition of Libor from the Open Dictionary – a public resource hosted by Macmillan English Dictionary Online

food rave

a very large party where people eat, sell or share many different types of food, usually held outside or in a large public building

BuzzWord Article

Blog

A must for anyone with an interest in the changing face of language. The Macmillan Dictionary blog explores English as it is spoken around the world today.

global English and language change from our blog

Word of the Day

skanky

very unpleasant or dirty