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One may ask why lenders and borrowers use this market in preference to more conventional methods of lending and borrowing.
American companies intent on preventing rivals from merging are increasingly complaining to European regulators in preference to more permissive officials in the United States.
Both managers selected a three-man defence and sprang a surprise in attack: James Wilson and Raheem Sterling were favoured for their sheer pace in preference to more established players such as Radamel Falcao and Mario Balotelli.
Tony McCoy, who opted to ride At Fisher's Cross in the World Hurdle in preference to More Of That, has been confirmed as the rider of Nicky Henderson's Triolo D'Alene in the Gold Cup on Friday.
But it does not justify freedom of expression in preference to more conservative forms of censorship.
"It's the process, not of being offshore, but of using and abusing secrecy in preference to more transparent alternatives.
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Volvic, which uses potassium benzoate in its products, says: "It has been safely used in foods for many years and has been specially selected in preference to the more common sodium benzoate for the growing number of consumers who wish to reduce their intake of sodium".
Today's ruling "addresses only the asylum issue, not the care issue," she said, adding, "The immigration laws clearly call for a child to be placed in the care of a parent, in preference to a more distant relative, while the child's immigration status is being resolved".
They're viewed as scandals waiting to erupt: a chemicals supplier that must be causing pollution; a pharmaceuticals manufacturer that has to be ignoring the chase for a cure in preference to something more lucrative; a weapons-maker that just has to be up to its neck in bribing officials.
It is also useful as a source of the isotope californium-249, which is used for studies on the chemistry of californium in preference to the more radioactive californium-252 that is produced in neutron bombardment facilities such as the HFIR.
The CIDI 2.1 was used in preference to the more recent World Health Organisation CIDI (WHO CIDI) because the latter is not available in a 12-month form and the former had stronger evidence supporting its validity [ 43, 44].
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