| London Interbank Offered Rate |
The rate of interest that major international banks in London charge each other for borrowings. Many variable interest rates in the U.S. are based on spreads off LIBOR. By contrast with the bid rate LIBID quoted by banks seeking such deposits |
| Liquidation / Liquidaci?n |
Proceso por el cual se hacen efectivas las perdidas o ganancias resultantes de una inversi?n |
| Leveraged buyout (LBO) |
A transaction used to take a public corporation private that is financed through debt such as bank loans and bonds. Because of the large amount of debt relative to equity in the new corporation, the bonds are typically rated below investment-grade, p |
| Letras del Tesoro
|
T?tulos de renta fija emitidos por el Tesoro con vencimientos a seis, doce y dieciocho meses. Su valor nominal es de 1.000.000 de pts. y est?n exentos de imposici?n fiscal |
