HyperDic: prime_interest_rate

English > 1 sense of the expression prime interest rate:
NOUNpossessionprime interest ratethe interest rate on short-term loans that banks charge their commercial customers with high credit ratings
English > prime interest rate: 1 sense > noun 1, possession
MeaningThe interest rate on short-term loans that banks charge their commercial customers with high credit ratings.
Broaderinterest rate, rate of interestThe percentage of a sum of money charged for its use

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