prime interest

prime interest
low rate of interest charged by banks to large accounts

English contemporary dictionary. 2014.

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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 — 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 …  

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

  • prime interest rate — noun see prime rate …   New Collegiate Dictionary

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

  • prime rate — Interest rate charged by major banks to their most creditworthy customers. Chicago Board of Trade glossary The interest rate at which banks lend to their best ( prime ) customers. More often than not, a bank s most creditworthy (… …   Financial and business terms

  • prime rate — n: an interest rate formally announced by a bank to be the lowest available at a particular time to its most creditworthy customers – called also prime, prime interest rate; Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

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