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LIBOR

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 5802 — in this chapter

The term "LIBOR"—

(A) means the overnight and 1-, 3-, 6-, and 12-month tenors of U.S. dollar LIBOR (formerly known as the London interbank offered rate) as administered by ICE Benchmark Administration Limited (or any predecessor or successor administrator thereof); and

(B) does not include the 1-week or 2-month tenors of U.S. dollar LIBOR.