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prime rate
(redirected from Rate of prime)

    Also found in: Financial, Wikipedia 0.01 sec.
prime rate
n.
The lowest rate of interest on bank loans at a given time and place, offered to preferred borrowers. Also called prime interest rate.
prime rate
n
(Economics, Accounting & Finance / Banking & Finance) the lowest commercial interest rate charged by a bank at a particular time
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The loan featured a rate of prime + 4% with a 1 year term interest only.
Eastern Union by Real Estate Weekly
Terms of the loan agreement include an interest rate of Prime plus 1% and an eighteen-month term.
Lender Increases Credit Facility to $27 Million for Aviation ... by Business Wire
The loan featured a rate of Prime +1/2% with an 18 month term, interest only.
Eastern Union by Real Estate Weekly
 
 
 
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