Millie – InfoComm

What Exactly Is Income?

October 25, 2022 by Millie

That Depends. Income is money (or other economic benefits) that a person or business earns. It can come from employment, investments, or other sources. The term “income” can have different meanings, depending on the context. For example, in the context of taxes, “income” refers to the money that a person or business earns that is … Read more

LIBOR: What the London Interbank Offered Rate Is, How It’s Used.

October 25, 2022 by Millie

What Is LIBOR? LIBOR is the London Interbank Offered Rate, and it’s a key metric used in the financial world. It’s used to price everything from loans to derivatives, and it’s important to understand how it works. Is LIBOR rate still used? The London Interbank Offered Rate (LIBOR) is a daily reference rate based on … Read more