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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.

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A Profitable Forex Trade due to Political CircumstanceIn mid-Sept 2005, both Japan and Germany had elections. In Japan, Prime Minister Junichiro Koizumi ran on a reform agenda that called for the privatization of the Japanese postal service, a quasi-bank ... Read more


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