The Libor gets its name from the London Interbank Offered Rate, from the City of London, one of the largest financial centres in the world. The London Interbank Offered Rate is the average interest rate estimated by leading banks in London that the average leading bank would be charged if borrowing from other banks. It is usually abbreviated to Libor (/ËlaÉªbÉr/) or LIBOR, or more officially to ICE LIBOR (for Intercontinental Exchange Libor).
Equifax (NYSE: EFX) is a global leader in consumer, workforce and commercial information solutions, that provides businesses of all sizes and consumers with insight and information they can trust.
The Energy Factor, or EF, is a performance metric that determines the efficiency of appliances such as clothes washers, dishwashers and hot water heaters. Energy Factor is an older metric that preceded the Modified Energy Factor (MEF), which is in use as of 2013. These figures are calculated for washing machine brands in an effort to determine whether the model qualifies for an Energy Star rating.