Meaning PRIME RATE FUND: A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders
More terms such as Prime rate fund in Dictionary P.
- Definition Payer:
- Examples The person making a payment to a payee prime rate fund definition.
- Definition Payments Netting:
- Examples Reducing fund transfers between affiliates to only a netted amount. Netting can occur on a bilateral basis (between pairs of affiliates), or on a multi-lateral basis (taking all affiliates together prime rate fund explain.
- Definition Perpetual Bond:
- Examples Nonredeemable bond with no maturity date that pays regular interest rates indefinitely prime rate fund what is.
- Definition Put Price:
- Examples The price at which an asset will be sold if a put option is exercised. Also called the strike or exercise price of a put option prime rate fund meaning.
- Definition Position Limits:
- Examples Applies to derivative products. Maximum position available in any one future or option contract for a given institution. For bona fide futures hedgers, there are no position limits prime rate fund abbreviation.
