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.
In a contract of carriage, the consignee is the entity who is financially responsible (the buyer) for the receipt of a shipment.Generally, but not always, the consignee is the same as the receiver.his aspect of shipping law is regulated by the Hague Rules, and the laws of individual countries, e.g. the UK Carriage of Goods by Sea Act 1992 and the U.S. Pomerene Act 1916. There is some international dispute as to whether the consignee on a straight bill must produce the bill in order to take delivery.