prime rate


prime rate
prime rate n: an interest rate formally announced by a bank to be the lowest available at a particular time to its most creditworthy customers – called also prime, prime interest rate;

Merriam-Webster’s Dictionary of Law. . 1996.

Look at other dictionaries:

  • Prime rate — Prime rate, or Prime Lending Rate, is a term applied in many countries to a reference interest rate used by banks. The term originally indicated the rate of interest at which banks lent to favored customers, i.e., those with high credibility,… …   Wikipedia

  • Prime Rate — Prime|rate, die; , Prime Rate, die; [ pra̮imreɪt ; engl. prime rate, aus: prime = Haupt ; hauptsächlich u. rate = Rate; Zins , Steuersatz] (Wirtsch., Bankw.): (in den USA) Zinssatz, den Großbanken für ihre Kredite berechnen u. der die Funktion… …   Universal-Lexikon

  • prime rate — n. Finance the most favorable interest rate charged by a commercial bank on short term loans to large corporations: also prime interest rate or prime lending rate …   English World dictionary

  • prime rate — prime rates N COUNT A bank s prime rate is the lowest rate of interest which it charges at a particular time and which is offered only to certain customers. At least one bank cut its prime rate today …   English dictionary

  • prime rate — prime′ rate′ n. ban bus the minimum interest rate charged by a commercial bank on short term business loans to large, best rated customers or corporations Also called prime 18) prime′ in′terest rate …   From formal English to slang

  • prime rate — ● prime rate nom masculin (anglais prime rate, meilleur taux) Aux États Unis, taux d intérêt appliqué par une banque pour les crédits à court terme accordés à ses meilleurs clients …   Encyclopédie Universelle

  • prime rate — prime .rate n the lowest rate of interest at which companies can borrow money from a bank →↑base rate …   Dictionary of contemporary English

  • prime rate — prime ,rate noun count the lowest rate available for borrowing money …   Usage of the words and phrases in modern English

  • prime rate — noun : an interest rate formally announced by a bank as the lowest normally available at a particular time to its most creditworthy customers * * * Banking. the minimum interest rate charged by a commercial bank on short term business loans to… …   Useful english dictionary

  • Prime rate — The interest rate at which banks lend to their best ( prime) customers. Much more often than not, a bank s most creditworthy customers borrow at rates below the prime rate. The New York Times Financial Glossary * * * prime rate prime rate ➔ rate1 …   Financial and business terms


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