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LSDefine

Simple English definitions for legal terms

EURIBOR

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A quick definition of EURIBOR:

EURIBOR: The abbreviation for EURO INTERBANK OFFERED RATE. It is the interest rate at which European banks lend money to each other. This rate is used as a benchmark for setting interest rates on loans and financial products such as mortgages and savings accounts.

A more thorough explanation:

Definition: EURIBOR stands for EURO INTERBANK OFFERED RATE. It is the interest rate at which European banks lend to one another. It is calculated daily and is used as a benchmark for many financial products such as mortgages, loans, and derivatives.

Example: If a bank wants to borrow money from another bank, it will have to pay an interest rate based on the EURIBOR. For example, if the EURIBOR is 0.5%, the borrowing bank will have to pay 0.5% interest on the amount it borrows.

Explanation: The EURIBOR is an important benchmark for the European financial market. It reflects the cost of borrowing money between banks and is used as a reference rate for many financial products. The example illustrates how the EURIBOR is used to determine the interest rate that a bank has to pay when borrowing money from another bank.

eureka moment | euro

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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