Investopedia

LBP

Filed Under » ,
Dictionary Says

Definition of 'LBP'

The currency abbreviation or currency symbol for the Lebanese pound (LBP), the currency for Lebanon. The Lebanese pound is made up of 100 qirsh or piastres, and is often presented with the symbol (__). This currency is also called lira in Arabice or livre in French, and all notes and coins are printed and stamped in both Arabic and French.
Investopedia Says

Investopedia explains 'LBP'

The Lebanese pound was first seen in coin form in 1924 with paper currency following a year later. It officially separated from Syrian currency in 1939 and became linked with the British pound after France was conquered by the Nazis in 1941. It was relinked with the franc after the war but delinked again in 1949.

Articles Of Interest

  1. The Greatest Currency Trades Ever Made

    These speculators took big positions - and scored huge profits - in the currency market.
  2. The New World Of Emerging Market Currencies

    Take advantage of foreign currency markets without stepping out of your house.
  3. What Causes A Currency Crisis?

    Find out what can cause a currency to collapse and what central banks can do to help.
  4. The Yen Is Setting Up To Be An Attractive Long-Term Investment

    As Japan embarks on quantitative easing, the yen has come under pressure. Will it continue to be the source of big profits in the latter half of 2013?
  5. 3 Costly Spelling Errors

    History has proved that some spelling errors can cost companies and governments millions of dollars.
  6. The Most Counterfeit-Proof Currencies

    The IACA awards provide some of the best insight into the currencies that are proving the most difficult to fake.
  7. An Introduction To Complementary Currencies

    There are alternatives to national currencies. Discover complementary currencies and how they work.
  8. The Origins Of Common Currency Symbols

    Check out some of the world's most heavily traded currencies and their origins.
  9. The Life Of A $20 Bill

    Next time you pull a $20 out of your wallet, consider where it has been.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Validation Period

    The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost of investigation, medical exams and other expenses associated with the issuance of the policy.
  2. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.
  3. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.
  4. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.
  5. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.
  6. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
Trading Center