**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 …

**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 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