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Definition of "interbank" []

  • Relating to, involving, or connecting two or more banks: interbank borrowing; an interbank network of automated teller machines. (adjective)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "interbank" in a sentence
  • "When the resulting flight from asset-backed commercial paper caused exposures to come back on to the balance sheets of banks that had sponsored such programs, uncertainty about some banks 'exposures raised their funding costs, most notably in the term interbank market, as evidenced by widening LIBOR spreads."
  • "Short-term interbank rates have kicked up; the one-week rate rose to 4.6% in early June from 3% at the beginning of May, helping to explain the PBOC's move to ease money-market conditions."
  • "Dexia depended more heavily than any other euro-zone bank on short-term interbank lending, a relic of its decadelong lending binge to governments around the world."
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