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A spin on the word 'liberty', but may also be a word play of 'libor' and 'liberty' if you're finance-savvy and can read between the lines. Libor stands for London Interbank Offered Rate. The Libor is the world's most highly used benchmark for short-term interest rates and is calculated through submissions of interest rates by major banks across the world. Banks use this rate to determine the amount of loan interest to charge other banks.

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