Prime Rate Officially, this is the interest rate that banks charge their biggest and best customers for short-term loans.
Definition Prime rate The interest rate charged by commercial banks to their best or most creditworthy customers, most often large corporations. RELATED TERMS ...
US Prime Rate Definition: The rate at which US banks will lend to their prime corporate customers ...
Prime Rate (1) The rate from which lending rates by banks are calculated in the US. (2) The rate of discount of prime bank bills in the UK. Top Online Forex Brokers ...
Prime rate is a term applied in many countries to a reference interest rate used by banks. The term originally indicated the rate at which banks lent to their most favored customers, though this is no longer always the case.
US Prime Rate The interest rate at which US banks will lend to their prime corporate customers Top Online Forex Brokers ...
US Prime Rate The rate at which US banks will lend to their prime corporate customers. Ultimo: ...
The prime rate is the interest rate banks or lenders charge their most preferred and credit-worthy customers. Often, loan products like personal and automobile loans use the prime rate as a base rate.
Prime rate: The lowest interest rate charged by chartered banks at a given time. Usually this rate is available only to a bank's largest customers.
Prime rate. The rate that commercial banks charge customers, which is based on the discount rate.
Prime rate The interest rate banks charge their most creditworthy commercial customers. Banks use the prime as a base to set rates for credit cards, home-equity loans and other loans, including loans to small and medium-size businesses.
Prime Rate The lowest interest rate charged by commercial banks to their most creditworthy and largest corporate customers; other interest rates such as personal, automobile, commercial and financing loans are often pegged to the prime.
Prime Rate A commercial bank's stated reference rate for lending Rate reset ...
Prime Rate The interest rate that banks charge their "best" clients, , i.e., those with the lowest possibility of default. Principal (1) Shareholders; (2) Amount of debt that must be paid at maturity.
Prime rate: The interest rate banks charge their best customers. Principal stockholder: Any person or entity owning ten percent or more of the common stock of the corporation.
Prime rate The prime rate is the interest rate large American banks charge for short-term loans to top commercial clients. It represents a kind of key interest rate upon which all of the other lending rates are based.
Prime rate: The prime rate is a key interest rate, and often viewed as an economic indicator, because it is the rate at which banks lend money to their best clients.
Prime Rate - A preferential interest rate charged by a commercial bank only to its most credit-worthy customers ...
Prime Rate The rate published daily by the Wall Street Journal and defined as the base rate on corporate loans posted by at least 75 percent of the nation's 30 largest banks. Principal Amount ...
Prime Rate: The interest rate at which banks lend to their best customers. Principal: The face amount or par value of a security. Productivity: See release details.
Prime Rate - Interest rate charged by major banks to their most creditworthy customers. Producer Price Index (PPI) - An index that shows the cost of resources needed to produce manufactured goods during the previous month.
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 prime rate is the rate of interest at which a commercial bank offers to lend money to its most creditworthy customers. Principal: Principal is the face value of a debt instrument that is separate from interest.
U.S. Prime Rate - The interest rate that the major US banks lend to major clients. Uptrend - A price trend characterized by a series of higher highs and higher lows. ...
Prime Rate - A rate that banks usually charge their most credit-worthy customers. For active traders and investors trading the Forex and Stock markets. X ...
Prime Rate The Prime Rate is the interest rate U.S. banks charge their best corporate clients. Changes in the Prime Rate are almost always on the heels of a change in the Discount Rate. Treasury Bond Rates ...
Prime Rate Interest rate that is charged by the banks to their most credit worthy customers. Position ...
Prime Rate Fund A prime rate fund is a type of mutual fund that makes an attempt at getting the same return as the current prime rate. This is accomplished by investing in corporate debt that is likely to have a return on it.
Note that the prime rate is an index, not a law. Sometimes, business owners or consumers may find an interest rate that is lower than the prime rate applied to a credit card or a loan bank product.
See: Money Market; Prime Rate VD (Volume Deleted) Note appearing on the consolidated tape indicating that for transactions of less than 5000 shares only the stock symbol and the trading price will be displayed.
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.
This rate influences other short-term rates, including the prime rate and the interest rate on U.S. Treasury bills.
This in turn influences the prime rate which is usually about 3 percentage points higher than the federal funds rate. This prime rate is the rate that most banks price their loans at for their best customers.
Because money market interest rates, such as the bank prime rate, are variable over time, the interest rate applicable to this type of demand note is variable as well.
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.
the shareholders of Berkshire Hathaway when he said, "In the 20th Century alone, we dealt with two great wars (one of which we initially appeared to be losing); a dozen or so panics and recessions; virulent inflation that led to a 21 1/2% prime rate ...
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.
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.
The interest rate on the loan for each period is the sum of a reference rate, such as the prime rate or a base lending rate plus a lending margin.
Related terms: the federal reserve board of governors, board of governors of the federal reserve, federal reserve board meeting, federal reserve board members, federal reserve board prime rate, federal reserve board chairman, federal reserve rates, ...
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.
Portfolio insurance Post-earnings-announcement drift Post-modern portfolio theory Price discovery Pricing schedule Prime rate Principal protected note Private equity secondary market Pull to par ...
Leading Indicators - Statistics that are considered to predict future economic activity. Examples are Unemployment, Consumer Price Index, Producer Price Index, Retail Sales, Personal Income, Prime Rate, Discount Rate, and Federal Funds Rate.
Other EU members also are rapidly reducing their prime rates to curb inflation. Every fiat currency with exception to the Yen is inextricably linked to the dollar, so it makes no sense to say that offshore investments are safe.
Floating Rate Security A security whose interest rate or dividend changes with specified market indicators. A floating rate is one that is based on an administered rate, such as a prime rate.
The ratio of manufacturing and trade inventories to sales made 5. The ratio of consumer credit outstanding to personal income 6. The average prime rate charged by banks 7. The inverted average length of employment ...
- The interest rate is favorable or better than most personal loans - The interest rate may vary but may be prime rate plus 1% - You pay the interest and loan back to yourself through payroll ...
Variable rate The variable rate fluctuates based on the Caisse centrale Desjardins prime rate during a mortgage term. This allows borrowers to benefit from possible rate decreases and, consequently, pay back their mortgage sooner.
See also: Interest, Market, Interest Rate, Stock, Profit
|