Prime

The Interest rate that commercial banks Charge their most creditworthy borrowers, such as large corporations. The rate is a lagging Indicator. also called Prime rate.

Related Terms: 15 Borrow, Charge, Commercial bank, Call, Credit, Heir, Indicator, Interest, Interest rate, Lagging indicator, Merc, Owe, Prime, Prime rate, Ratio

Other Related Pages: Category: Lending_and_Credit Starting With: P

Additional Related Terms: 10-K, Asset/equity ratio, Adjustable rate, Agent bank, Accrued interest, American Municipal Bond Assurance Corporation, At par, All or any part, At best, At call