This is the 11409th most frequent Spanish word.
euríbor
Euríbor (Euro Interbank Offered Rate) is the average interest rate at which European banks lend money to one another.
In this context, 'euríbor' refers to the European Interbank Offered Rate, a standard reference for variable mortgage rates.
El euríbor ha subido este mes, impactando las tasas hipotecarias.
The Euribor has risen this month, impacting mortgage rates.
Here, 'euríbor' is used in its role as a financial benchmark for loan and interest rate calculations.
Muchos bancos usan el euríbor como referencia para calcular las cuotas hipotecarias.
Many banks use the Euribor as a reference to calculate mortgage payments.
This sentence demonstrates 'euríbor' as a topic of financial literacy and an essential term in economics.