prime

Definition
The interest rate that commercial banks charge their most creditworthy borrowers, such as large corporations. The rate is a lagging indicator. also called prime rate.




prime is ...
... part of the
Lending & Credit subject.


Related Terms

adjustable rate -  More
floating rate -  More
subcontractor -
variable rate, Copenhagen InterBank Offered Rates, alt-a, subprime loan, excess spread


prime appears in these other terms

prime broker, prime accounts, prime paper, prime rate fund, prime brokerage


prime appears in the definitions of these other terms on BusinessDictionary.com

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