Prime Rate The Prime Rate is an interest rate that mainstream commercial banks charge borrowers with strong credit ratings, such as big businesses or corporations that have a great track record.
Prime rate The interest rate at which banks lend to their best (prime) customers. Much more often than not, a bank's most creditworthy customers borrow at rates below the prime rate. ...
Prime Rate The minimum rate on bank loans set by commercial banks and granted only to top business borrowers.
prime rate base rate that banks use in pricing commercial loans to their best and most creditworthy customers. The rate is determined by the Federal Reserve's decision to raise or lower prevailing interest rates for short-term borrowing.
Prime Rate The interest rate that chartered banks charge to their most credit-worthy borrowers. It is a key interest rate since many consumer loans, such as mortgages, automobile and credit card loans, are tied to the prime rate.
Prime Rate The interest rate that commercial banks charge their most credit-worthy customers. Generally a bank's best customers consist of large corporations.
Prime Rate Definition: Interest rate a bank charges its best corporate customers. Definition: [crh] The interest rate at which banks lend to their best (prime) customers.
Prime Rate The interest rate that banks charge to their preferred customers. Changes in the prime rate influence changes in other rates, including mortgage interest rates.
Prime Rate Interest rate charged by banks to their most creditworthy and largest corporate customers. The prime rate is used as a base rate for other types of loans such as personal, commercial and financing.
Prime Rate Rate of INTEREST charged by major U.S. banks on loans made to their preferred customers.
Prime Rate - The interest rate, that is charged by commercial financial institutions for loans made to those larger business borrowers that have the highest credit ratings, it is usually the best rate available.
Prime Rate: The rate at which banks will lend to their best (prime) customers. The all in cost of a bank loan to a prime credit equals the prime rate plus the cost of holding compensating balances.
PRIME RATE " The lowest interest rate charged by commercial banks to their most credit-worthy and largest corporate customers. Other interest rates, such as personal, automobile, commercial and financing loans are often pegged to the prime.
prime rate The rate of interest that Canadian financial institutions charge on Canadian dollar loans to certain customers. It is based on the rate established by the Bank of Canada.
Prime Rate: Prime rate is a standardized short-term borrowing rate established by the Federal Reserve Board. Most banks use the prime rate and base the loan on the creditworthiness and collateral of bank customers (e.g.
Prime rate The interest rate banks charge their most creditworthy customers. All interest rates charged by banks, including credit card rates, are based on the prime rate.
Prime rate: The interest rate charged by banks to their first-class (prime) borrowers, usually referring to short-term commercial loans. See also Market discount rate.
Prime rate - The rate used by chartered banks to determine the interest to be charged on customer loans. Principal - The amount owed, the face value of a debt; the amount invested, or the one who is directly concerned in a business enterprise.
PRIME RATE:  The interest rate charged by banks to their most creditworthy customers (usually the most prominent and stable business customers). The rate is almost always the same amongst major banks.
Prime rate The prime rate is a benchmark for interest rates on business and consumer loans. For example, a bank may charge you the prime rate plus two percentage points on a car loan or home equity loan.
Prime rate. The interest rate a bank charges its best customers. Banks quote a prime lending rate established by large money center commercial banks.
Prime Rate: The rate at which U.S. banks lend U.S. dollars to their most creditworthy customers. Principal: The quantity of the outstanding project financing due to be paid.
prime rate: The base rate used on high-grade corporate loans by major rates, serving as an index for many types of loans. principal: The original amount of a loan.
Prime rate: The interest rate banks charge their best customers. Principal: 1) In a loan, the amount of the loan, not including interest; 2) in a brokerage firm, a person in an ownership and/or supervisory capacity; and 3) in a trade, ...
Prime Rate The interest rate that banks charge their "best" clients, , i.e., those with the lowest possibility of default.
Prime Rate The rate suggested by the Bank of Canada on which most banks base their prime mortgage lending rate.
Prime Rate - Interest rate banks charge their most credit-worthy customers; a key benchmark since loans to less credit-worthy customers are often tied to the prime rate.
Prime rate - The interest rate that is charged by the bank to its preferred customers. If the prime rate changes other rates will then change e.g. mortgage interest rates.
Prime rate The prime rate is the interest rate charged by financial institutions to their best customers. See also Bank of Canada rate, target overnight rate, and overnight rate. Principal protected notes (PPNs) ...
US Prime Rate The interest rate at which US banks will lend to their prime corporate customers.
Prime Rate The U.S. Prime Rate is the prime lending rate offered by a number of the country's largest banks. It is frequently cited as a standard for general interest-rate levels in the economy. The U.S.
PRIME RATE: The interest rate banks charge their best, most credit-worthy customers. This is one of the key interest rates in the economy, and it is watched closely by financial types, government policy makers, and businesses.
Prime Rate - Interest rate which is charged business borrowers having the highest credit ratings, for short term borrowing. Principal - amount owed on a loan not including interest.
Prime Rate The lowest commercial interest rate charged by banks on short-term loans to their most creditworthy customers. Changes in the prime rate influence changes in other rates, including mortgage interest rates.
Prime rate The prime rate is frequently described as the interest rate banks charge their best and most credit-worthy commercial customers, such as blue chip companies.
Prime rate The prime rate is the short-term interest rate at which banks lend money to their most credit-worthy customers. Principal ...
Prime rate Interest rate charged by a chartered bank to its most creditworthy customers. Principal The person for whom a broker carries out a trade.
Prime RateExpand/Collapse The interest rate chartered banks charge to their most credit-worthy borrowers. PrincipalExpand/Collapse ...
Prime Rate A variable per annum rate of interest, publicly announced by a lending FI, that can be changed at any time without notice, at the discretion of the lending FI, charged to a FI's most credit worthy borrowers Private placement ...
WSJ prime rate The initials stand for the Wall Street Journal, which surveys large banks and publishes the consensus prime rate.
Prime rate The interest rate that a country's largest banks announce for loans to their best customers. In practice, their most creditworthy customers get a rate lower than this. Principal 1.
Base rate British equivalent of the US prime rate. Basel Accord Agreement concluded among country representatives in 1988 in Switzerland to develop standardized risk-based capital requirements for banks across countries.
base rate The UK base rate is the equivalent to the prime rate in the United States, generally... base-year analysis An analysis using a particular year as the base period. basic earnings per share The earnings per share of common stock.
The most sensitive indicator of the direction of interest rates, since it is set daily by the market, unlike the prime rate and the discount rate. Federal Home Loan Banks The institutions that regulate and lend to savings and loan associations.
Base rate British equivalent of the US prime rate. Bank-based corporate governance system Organization of a supervisory board so that it is dominated by bankers and corporate insiders.
The terms vary from packer to packer, but a standard arrangement is that the packer will pay prime rate, simple interest, no compounding, and interest beginning ten days after final delivery.
High interest rates can dampen the economy by making it more difficult for consumers, businesses, and home buyers to secure loans, as happened in 1981 when the prime rate—the rate that banks charge their best customers—climbed past 20%.
Variable-rate loan Loan made at an interest rate that fluctuates depending on a base interest rate, such as the prime rate or LIBOR. Variable rated demand bond (VRDB) Floating-rate bond that periodically can be sold back to the issuer.
5% region, regardless of the prime rate. If prime rates go down, as they have been, your rate will never go lower than 19.5% on the Aspire Visa. Of course, if rates go up, the 19.5% will rise in tandem.
The prime rate serves as a benchmark for deciding on the interest rate to be charged to other borrowers.
For example, a business loan may pay interest at the prime rate plus 1 percent. In that example, the prime rate is the index.
Index - A published interest rate, such as the prime rate, LIBOR, T-Bill rate, or the 11th District COFI, which a lender uses to calculate the interest rates charged on adjustable mortgage loans or to compare investment returns.
Prime rate A commercial bank's lowest interest rate, charged to their most credit-worthy customers. Principal The total amount of money being borrowed or loaned. The person affected by a broker's actions.
"Fees deducted from the balances paid to you [the small business owner] include a finance charge, which may run 1 percent to 5 percent above the current prime rate, and a service charge that is often a function of the daily balance outstanding, ...
Central banks can affect inflation to a significant extent through setting the prime rate of lending and through other operations.
British equivalent of the US prime rate. Basic balance In a balance of payments, the basic balance is the net balance of the combination of the current account and the capital account.
Base Rate definition : British equivalent of the US prime rate. FTSE 100, S&P 500 All In One Expert analysis by professional trader, daily signals, high success rate, register for your FREE trial.
After the preset period expires, the rate will fluctuate according to the Treasury Bill rate, or the prime rate, or other indices such as COFI and LIBOR in order to adjust to market rates.
Three-month or six-month Libor are two commonly-used reference rates, as are Treasury bill yields, the prime rate or the Fed funds rate. Collateralized mortgage obligations (CMOs) are also sometimes structured to have floating rate coupons.
Bank Rate: The rate at which the Bank of Canada makes short-term loans to chartered banks and other financial institutions, and the benchmark for prime rates set by financial institutions.
See also: Banks, Expense, Values, Funding, Prepayment
 
|