The lowest interest rate charged by commercial banks to their most credit-worthy customers; other interest rates, such as personal, automobile, commercial and financing loans are often pegged to the p [..]

A commonly used short-term interest rate in the US banking system. It’s the benchmark rate lenders use to set rates for their most credit-worthy customers. The best customers may be granted loans at rates below Prime.

The interest rate that a country's largest banks announce for loans to their best customers. In practice, their most creditworthy customers get a rate lower than this.

The borrowing rate charged by banks to their best, most creditworthy customers.

The interest rate that banks and other lending institutions charge other banks or preferred customers.

Definition The interest rate that commercial banks charge their most creditworthy borrowers, such as large corporations. The prime rate is a lagging indicator. also called prime.

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

A prime rate is a rate that is 3% higher than the rate set by a bank. Most banks tend to have similar rates. Wall Street Journal is known for comparing the prime rates of different banks.

Rate of INTEREST charged by major U.S. banks on loans made to their preferred customers.

Lowest commercial interest rate charged by a bank on short-term loans to its most credit-worthy customers.

Interest rate charged by institutional banks to their larger most creditworthy customers.

A commercial bank’s stated reference rate for lending.

The base interest rate set by a financial institution. This rate directly affects the jump to

A published interest rate charged by commercial banks to large, strong borrowers.

A national average rate of interest charged by banks, commercial lenders, and other financial institutions, published in The Wall Street Journal and other sources.

This is the interest rate that banks charge the borrowers with the best credit rating.

The prime rate is the rate banks charge their most credit-worthy customers for loans. Learn more...

The interest rate that commercial banks charge their most creditworthy borrowers, such as large corporations.

The interest rate commercial banks charge their most creditworthy customers.

A low interest rate offered to the most creditworthy borrowers.

The Prime Rate is the interest rate that commercial banks charge their most credit-worthy customers, which are typically corporations.

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The default interest rate that most commercial banks charge customers that have good credit.

The lowest interest rate charged to borrowers with the least risk of defaulting.

The interest rate that a bank charges its most reliable customers who are the least likely to default on their loan.

Prime rate means the interest rate that banks charge to their best customers. Prime rate sets a level of minimum interest rates charged while giving out the loans. One of the advantages of the prime r [..]

The lowest interest rate on bank loans, offered to preferred borrowers.

The interest charged by banks to their most credit-worthy customers.

The interest rate charged by banks to their first-class (prime) borrowers, usually referring to short-term commercial loans. See also Market discount rate.

The interest rate that banks and other lending institutions charge other banks or preferred customers.

A standardized short-term borrowing rate established by the Federal Reserve Board.

Motor speed during a prime operation. In a linear system, the prime rate and the load rate use the same setting. In a rotary system, the prime rate may be the same as the dispensing rate, or a separat [..]

The rate at which banks lend to their best (prime) customers. The all-in cost of a bank loan to a prime credit equals the prime rate plus the cost of holding compensating balances.

A commercial bank’s stated reference rate for lending. Back to top

The prime rate is the rate used as a base to calculate the interest applied to a Canada Student Loan. It is calculated using the rates declared by the five largest Canadian financial institutions as their prime rate. The five institutions are: the Bank of Montreal, the Canadian Imperial Bank of Commerce, the Bank of Nova Scotia, the Royal Bank of C [..]

An index rate, like LIBOR, at which banks often borrow money from each other. The Prime Rate is used by some variable rate loan programs.

An interest rate charged by a financial institution for loans made to larger business borrowers; typically the best rate available. 

Interest rate that banks charge to their most creditworthy customers. Banks set this rate according to their cost of funds and market forces.

The rate at which banks will lend to their best (prime) customers. The all in cost of a bank loan to a prime credit equals the prime rate plus the cost of holding compensating balances.

Interest rate that banks charge to their most creditworthy customers. Banks set this rate according to their cost of funds and market forces.

The interest rate a financial institution charges on loans to its preferred customers.  It is based on the rate established by the Bank of Canada.  Typically, all financial institutions have the same [..]

Benchmark rate used by banks in lending money. This rate is published in the Wall Street Journal.

The interest rate financial institutions charge their most creditworthy commercial customers. Financial institutions use the prime as a base to set rates for credit cards, home-equity loans, and other loans, including loans to small and medium-size businesses.

An index rate that is used to determine the APR in a variable interest rate account.

The preferential rate of interest at which commercial banks loan money in the New York and Chicago markets. The prime rate is a global rate that constantly varies in response to demand for credit and [..]

A base rate to which many loans (particularly business loans) are indexed. In the past it was the rate that banks charged their best, most creditworthy customers.

Interest rate that banks charge to their most creditworthy customers. Banks set this rate according to their cost of funds and market forces.

The rate of interest charged by banks to their best or most credit-worthy customers. The prime rate is used to calculate the interest rate on many private loans.

An index (reference) rate lenders use to establish the interest rate for some private student loans. Generally, the prime rate runs about 3% higher than the federal funds rate which is the rate banks [..]

The interest rate charged by banks to their preferred corporate customers, it tends to be an estimator for general trends in short term interest rates.

                                                                                                                                                            The rate at which banks borrow money from ea [..]

The interest rate that banks charge to their preferred customers. Changes in the prime rate influence changes in other rates, including mortgage interest rates.

The interest rate that banks charge to their preferred customers. Changes in the prime rate influence changes in other rates, including mortgage interest rates.

The interest rate banks charge their most creditworthy clients. Most banks charge a few points above the prime rate on mortgages and other personal loans.

The prime rate is the interest rate that a lender publicly announces as its reference rate for certain variable interest rate loans. The prime rate can change at any time.

The most favorable interest rate charged by the bank to their most creditworthy customers for short term loans, not mortgages.

The interest rate banks charge to their preferred credit-worthy (low-risk) customers.

The rate at which financial institutions lend to their best customers.

The interest rate that banks charge on short-term loans to its most creditworthy customers. Changes in the prime rate influence changes in other rates, including mortgage interest rates.

  Short-term interest rate charged by banks to large, creditworthy customers. It is also called simply prime. [Chapter 11] Private

The interest rate at which banks lend to their best (prime) customers. More often than not, a bank's most creditworthy customers borrow at rates below the prime rate.

The interest rate at which banks lend to their best (prime) customers. More often than not, a bank's most creditworthy customers borrow at rates below the prime rate.

The interest rate that chartered banks charge to their most credit-worthy borrowers.

The interest rate that banks charge their preferred customers. Changes in this rate can influence other rates including mortgage interest rates.

The prime rate is a benchmark for interest rates on business and consumer loans. For example, a bank may charge you the prime rate plus two percentage points on a car loan or home equity loan.The prime rate is determined by the federal funds rate, which is the rate banks charge each other to borrow money overnight. If banks must pay more to borrow, [..]

The interest rate banks charge their best, most credit-worthy customers. This is one of the key interest rates in the economy, and it is watched closely by financial types, government policy makers, a [..]

The interest rate that banks charge to their preferred customers. Changes in the prime rate are widely publicized in the news media and are used as the indexes in some adjustable rate mortgages, especially home equity lines of credit. Changes in the prime rate do not directly affect other types of mortgages, but the same factors that influence the [..]

is an interest rate that mainstream commercial banks charge borrowers with strong credit ratings, such as big businesses or corporations that have a great track record. The prime rate is one of many & [..]

Also referred to as prime lending rate, this is the referenced interest rate used by banks as the annual percentage rate to quote loans against.