prime Definition

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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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

Rivest Shami Adleman (RSA) method, prime number, daypart, subcontract, subcontractor, and