LIBOR stands for âLondon Inter-Bank Offered Rate.â It is based on rates that contributor banks in London offer each other for inter-bank deposits. From a bankâs perspective, deposits are simply funds that are loaned to them. So in effect, a LIBOR is a rate at which a fellow London bank can borrow money from other banks. Rate calculations are complex as they incorporate variables such as time, maturity and currency rates. There are hundreds of LIBOR rates reported each month in numerous currencies.
word used to describe depression, sometimes used on the computer with a frowning face ex. ehh =(. Often said by punks and goths. Someone says ehh if they have 4 tests coming up the next day, you're addicted to drugs, you just got dumped by a gf/bf and you hate yourself. by Loverly March 25, 2005. 103 107.
âHe is an educated, erudite man who came home and never let the country get to him.â âThe Clinton debate was, it turned out, an unusually erudite discussion.â âHe is erudite, he is intelligent, and he is totally wrong when he comes to interpreting this legislation.â âHe is one of the most erudite scholars of Islam in modern times.â