Meaning 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
More terms such as Prime rate in Dictionary P.
- Definition Philadelphia Stock Exchange (PHLX):
- Examples A securities exchange trading American and European foreign currency options on spot exchange rates prime rate definition.
- Definition Principal Amount:
- Examples The face amount of debt; the amount borrowed or lent. Often called principal prime rate explain.
- Definition Put-Call Parity:
- Examples derivative products. Option pricing principle that says, given a stock's price, a put and call of the same class must have a static price relationship because arbitrage opportunities or prime rate what is.
- Definition Purpose Statement:
- Examples A form filed by a borrower that describes the use of a loan backed by securities, and guarantees that the funds lent will not be used illegally to buy securities against Federal Reserve regulations prime rate meaning.
- Definition Profit Forecast:
- Examples A prediction of future profits of a company, which may affect investment decisions prime rate abbreviation.
