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LSDefine

Simple English definitions for legal terms

Euro Interbank Offered Rate

Read a random definition: Mr. Denman's Act

A quick definition of Euro Interbank Offered Rate:

EURO INTERBANK OFFERED RATE: The Euro Interbank Offered Rate, also known as Euribor, is a measure of the interest rate that major international banks charge each other for short-term loans of euros. This rate is determined daily by a group of representative banks across Europe. It is an important benchmark for financial markets and is often used as a reference rate for loans and other financial products.

A more thorough explanation:

Definition: The Euro Interbank Offered Rate (Euribor) is a benchmark interest rate that measures the average interest rate at which major international banks lend to each other in the eurozone for short-term loans. The rate is calculated daily based on data provided by a panel of representative banks across Europe.

Example: Let's say Bank A needs a short-term loan of €1 million from Bank B. Bank B offers to lend the money at a rate of 1.5%. This rate is based on the Euribor, which is the average interest rate at which major banks in the eurozone lend to each other.

Explanation: The Euribor is an important benchmark interest rate that is used in financial markets to determine the cost of borrowing for banks and other financial institutions. It is also used as a reference rate for a wide range of financial products, including mortgages, loans, and derivatives. The example illustrates how the Euribor is used to determine the interest rate for a short-term loan between two banks in the eurozone.

Eurodollar | European Commission for Human Rights

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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