Definition of EURIBOR in English:

EURIBOR

Pronunciation /ˈjʊərɪbɔː/ /ˈjɔːrɪbɔː/

noun

mass nounTrademark; Finance
  • 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.

Origin

1990s abbreviation of Euro interbank offered rate, probably on the pattern of LIBOR.

Pronunciation

EURIBOR

/ˈjʊərɪbɔː/ /ˈjɔːrɪbɔː/