What does it mean that the London Interbank Offered Rate (LIBOR) will be non-representative after end-2021?

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Frequently Asked Questions about LIBOR Transition to Alternative Risk-Free Rates
What does it mean that the London Interbank Offered Rate (LIBOR) will be non-representative after end-2021?

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'Non-representative' means that the rate is no longer representative of the underlying market and economic reality it is intended to measure.