Meaning Of The Word Prime rate
What's the definition of Prime rate? Find Prime rate meanings, definitions and more at the Real Dictionary online.
Prime rate Meaning
| Prime rate Definition |
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What's The Definition Of Prime rate?
prime rate
countable noun: A bank's prime rate is the lowest rate of interest which it charges at a particular time and which is offered only to certain customers. prime rate in American English noun: the minimum interest rate charged by a commercial bank on short-term business loans to large, best-rated customers or corporations prime rate in British English the most favorable interest rate charged by a commercial bank on short-term loans to large corporations noun: the lowest commercial interest rate charged by a bank at a particular time prime rate in Finance noun: A prime rate is the interest rate that banks give to their best customers such as large corporations. |
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