InvestorWords.com
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.
Recommended Articles from InvestorGuide.com
Featured Tip
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
Additional Tip(s)
Related Videos
Featured Advertiser
Get our free Term of the Day newsletter!



