Meaning Prime rate
What does Prime rate mean? Here you find 69 meanings of the word Prime rate. You can also add a definition of Prime rate yourself

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Prime rate


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 [..]
Source: raymondjames.com

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Prime rate


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.
Source: lendingtree.com (offline)

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Prime rate


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.
Source: www-personal.umich.edu

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Prime rate


The borrowing rate charged by banks to their best, most creditworthy customers.
Source: glossary.reuters.com (offline)

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Prime rate


The interest rate that banks and other lending institutions charge other banks or preferred customers.
Source: golfandhome.co (offline)

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Prime rate


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.
Source: investorwords.com

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Prime rate


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
Source: dictionary.findlaw.com

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Prime 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.
Source: comparecards.com (offline)

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Prime rate


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

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Prime rate


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

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Prime rate


Interest rate charged by institutional banks to their larger most creditworthy customers.
Source: cmegroup.com (offline)

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Prime rate


A commercial bank’s stated reference rate for lending.
Source: investinginbonds.com (offline)

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Prime rate


The base interest rate set by a financial institution. This rate directly affects the jump to
Source: banking.pcfinancial.ca (offline)

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Prime rate


A published interest rate charged by commercial banks to large, strong borrowers.
Source: swlearning.com

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Prime rate


A national average rate of interest charged by banks, commercial lenders, and other financial institutions, published in The Wall Street Journal and other sources.
Source: nonprofitfinancefund.org (offline)

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Prime rate


This is the interest rate that banks charge the borrowers with the best credit rating.
Source: smartmoneysmartliving.com

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Prime rate


The prime rate is the rate banks charge their most credit-worthy customers for loans. Learn more...
Source: equityatlas.com (offline)

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Prime rate


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

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Prime rate


The interest rate commercial banks charge their most creditworthy customers.
Source: santacruzhomefinance.com (offline)

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Prime rate


A low interest rate offered to the most creditworthy borrowers.
Source: debt.org

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Prime rate


The Prime Rate is the interest rate that commercial banks charge their most credit-worthy customers, which are typically corporations.
Source: kingtradecapital.com (offline)

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Prime rate


Production Finance
Source: kingtradecapital.com (offline)

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Prime rate


The default interest rate that most commercial banks charge customers that have good credit.
Source: bizlender.com (offline)

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Prime rate


The lowest interest rate charged to borrowers with the least risk of defaulting.
Source: edition.cnn.com

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Prime rate


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

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Prime rate


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 [..]
Source: definitions.uslegal.com

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Prime rate


The lowest interest rate on bank loans, offered to preferred borrowers.
Source: tn.gov (offline)

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Prime rate


The interest charged by banks to their most credit-worthy customers.
Source: coolbranch.com (offline)

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Prime rate


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

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Prime rate


The interest rate that banks and other lending institutions charge other banks or preferred customers.
Source: nauticalwavesrealty.com

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Prime rate


A standardized short-term borrowing rate established by the Federal Reserve Board.
Source: fountaincpa.com

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Prime rate


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 [..]
Source: ivek.com

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Prime rate


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.
Source: pppknowledgelab.org

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Prime rate


A commercial bank’s stated reference rate for lending. Back to top
Source: sifma.org

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Prime rate


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 [..]
Source: esdc.gc.ca (offline)

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Prime rate


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.
Source: pnc.com (offline)

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Prime rate


An interest rate charged by a financial institution for loans made to larger business borrowers; typically the best rate available. 
Source: 1stmarinerbank.com (offline)

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Prime rate


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

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Prime rate


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.
Source: fiscalagents.com

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Prime rate


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

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Prime rate


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 [..]
Source: b2bbank.com

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Prime rate


Benchmark rate used by banks in lending money. This rate is published in the Wall Street Journal.
Source: i-bankonline.com

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Prime rate


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.
Source: ourgrovecu.com (offline)

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Prime rate


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

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Prime rate


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 [..]
Source: banxico.org.mx

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Prime rate


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.
Source: townandcountrybank.com (offline)

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Prime rate


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

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Prime rate


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.
Source: suntrusteducation.com (offline)

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Prime rate


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 [..]
Source: estudentloan.com

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Prime rate


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.
Source: nationalbankofcommerce.com (offline)

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Prime rate


                                                                                                                                                            The rate at which banks borrow money from ea [..]
Source: scstudentloan.org

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Prime rate


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

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Prime rate


The interest rate that banks charge to their preferred customers. Changes in the prime rate influence changes in other rates, including mortgage interest rates.
Source: firstcommercefinancial.com (offline)

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Prime rate


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.
Source: ase.com.jo (offline)

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Prime rate


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.
Source: cibc.com

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Prime rate


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

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Prime rate


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

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Prime rate


The rate at which financial institutions lend to their best customers.
Source: waalco.ca

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Prime rate


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.
Source: txlandgroup.com (offline)

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Prime rate


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

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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.
Source: people.duke.edu

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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.
Source: nasdaq.com

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Prime rate


The interest rate that chartered banks charge to their most credit-worthy borrowers.
Source: morningstar.com

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Prime rate


The interest rate that banks charge their preferred customers. Changes in this rate can influence other rates including mortgage interest rates.
Source: realestate.co.nz (offline)

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Prime rate


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, [..]
Source: finance.yahoo.com (offline)

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Prime rate


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 [..]
Source: glossary.econguru.com

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Prime rate


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 [..]
Source: realestateabc.com (offline)

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Prime rate


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 & [..]
Source: financialdictionary.net

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Prime rate


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.
Source: comparecards.com (offline)





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