PRIME INTEREST RATE

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

The interest rate on short-term loans that banks charge their commercial customers with high credit ratings

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("prime interest rate" is a kind of...):

interest rate; rate of interest (the percentage of a sum of money charged for its use)

Credits