What is the definition of Prime interest rate? | Dictionary.net

PRIME INTEREST RATE

\pɹˈa͡ɪm ˈɪntɹəst ɹˈe͡ɪt], \pɹˈa‍ɪm ˈɪntɹəst ɹˈe‍ɪt], \p_ɹ_ˈaɪ_m ˈɪ_n_t_ɹ_ə_s_t ɹ_ˈeɪ_t]\

Definitions of PRIME INTEREST RATE

2006 - WordNet 3.0
2011 - English Dictionary Database

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

2006 - WordNet 3.0
By Princeton University

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

2011 - English Dictionary Database
By DataStellar Co., Ltd

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