It is the primary benchmark, along with the Euribor, for short-term interest rates around the world. Libor rates are calculated for 5 currencies and 7 borrowing periods ranging from overnight to one year and are published each business day by Thomson Reuters. Many financial institutions, mortgage lenders and credit card agencies set their own rates relative to it.
Executives' Global Network is an independent, professional network for business executives. EGN is the only network to offer knowledge sharing across disciplines, industries, management levels and national borders.
âInterchangeâ means the act of providing intermodal equipment (IME) to a motor carrier pursuant to an IME interchange agreement for the purpose of transporting the equipment for loading or unloading by any person or repositioning the equipment for the benefit of the equipment provider.