prime interest rate

prime interest rate
noun see prime rate

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • prime interest rate — n: prime rate Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. prime interest rate …   Law dictionary

  • prime interest rate — UK US noun [C] US ► FINANCE, BANKING, ECONOMICS PRIME RATE(Cf. ↑prime rate) …   Financial and business terms

  • prime interest rate — noun the interest rate on short term loans that banks charge their commercial customers with high credit ratings • Hypernyms: ↑interest rate, ↑rate of interest * * * Banking. See prime rate. Also called prime lending rate. * * * noun, pl ⋯ rates… …   Useful english dictionary

  • prime interest rate — Banking. See prime rate. Also called prime lending rate. * * * …   Universalium

  • prime interest rate — Usually defined as the lowest rate of interest from time to time charged by a specific lender to its most credit worthy customers for short term unsecured loans. The prime rate is often used as the floor or base rate for setting interest rates on …   Black's law dictionary

  • prime interest rate — noun Banking the lowered rate of interest charged by banks on very large loans to preferred borrowers; taken as a benchmark. Also, prime rate …   Australian English dictionary

  • prime interest rate — low rate of interest charged by banks to large accounts …   English contemporary dictionary

  • prime lending rate — The lowest rate of interest that a financial institution, such as a bank, charges its best customers, usually large corporations, for short term unsecured loans. Dictionary from West s Encyclopedia of American Law. 2005. prime lending rate …   Law dictionary

  • prime lending rate — prime rate or prime lending rate noun The lowest rate of interest charged by a bank at any given time, usu available only to large concerns with high credit ratings, forming the base figure on which other rates are calculated • • • Main Entry:… …   Useful english dictionary

  • interest rate — noun the percentage of a sum of money charged for its use (Freq. 1) • Syn: ↑rate of interest • Hypernyms: ↑rate, ↑charge per unit • Hyponyms: ↑discount rate, ↑ …   Useful english dictionary

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