ALL meanings of prime rate
prime rate
P p - noun prime rate the minimum interest rate charged by a commercial bank on short-term business loans to large, best-rated customers or corporations. 1
- noun prime rate bank's lowest interest rate 1
- countable noun prime rate 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. 0
- noun prime rate the lowest commercial interest rate charged by a bank at a particular time 0
- noun prime rate the most favorable interest rate charged by a commercial bank on short-term loans to large corporations 0
- noun prime rate A prime rate is the interest rate that banks give to their best customers such as large corporations. 0