Euribor
/ˈjʊərɪbɔːr/
Definitions
- (n.) The Euro Interbank Offered Rate, an average interest rate at which European banks lend unsecured funds to each other, used as a benchmark in financial contracts.
The loan agreement specified an interest rate tied to Euribor plus a fixed margin.
Forms
- euribor
- euribors
Related terms
See also
Commentary
Euribor serves as a widely recognized reference rate in European financial law and contracts, requiring careful drafting to specify which Euribor tenor applies.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.