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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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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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