Meaning PRIME: Stands for prescribed right to income and maximum equity, a certificate that entitles the owner to the dividend/income from an underlying security, but not to the capital appreciation of that security
More terms such as PRIME in Dictionary P.
- Definition Positive Covenant (Of A Bond):
- Examples A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant prime definition.
- Definition Perpetual Bond:
- Examples Nonredeemable bond with no maturity date that pays regular interest rates indefinitely prime explain.
- Definition Put Guarantee Letter:
- Examples A bank's letter certifying that the person writing a put option has sufficient funds in an account to cover the exercise price if required prime what is.
- Definition Payments Pattern:
- Examples Describes the collection pattern of receivables. The pattern might describe the probability that a 72-day-old account will still be unpaid when it is 73 days-old prime meaning.
- Definition Plug:
- Examples A variable that handles financial slack in the financial plan prime abbreviation.
