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Prime rate |
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Prime rateThe interest rate that a country's largest banks announce for loans to their best customers. In practice, their most creditworthy customers get a rate lower than this.Prime rateThe best interest rate available to a lender's most qualified customers.Prime rateThe interest rate which banks offer to their prime customers, that is, those with the most creditworthy records. The UK equivalent is base rate.Similar MatchesPrime rate fundPrime rate fundA mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders. PRIMEPRIMEStands for prescribed right to income and maximum equity, a certificate that entitles the owner to the dividen../../finance-glossary/income from an underlying security, but not to the capital appreciation of that security. |
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