Lion economies is a name attached to the growing African economic. These countries have a collective GDP of more than $2.2 trillion which is more than the GDP of Brazil. Main sources for the growing GDPs are retail, transportation, natural resources, telecommunications, agriculture and finances.
LIBOR is a benchmark rate at which the bank may give loans to international interbank markets. LIBOR is an average value of the interest-rate which is calculated from estimates submitted by the top global banks daily.
Liquid asset is an asset that can be turned in cash extremely fast. Usually liquid assets take no hits in price as everything happens to quickly for the price to change significantly. The most liquid market if currencies’ market.
Liquidity is a term that describes the speed with which the asset can be sold or bought with the current price in a market without its price being affected by the selling-buying process. It also refers to the speed with which the market itself allows the assets to be bought and sold without the change in price.
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