Prime rate

Prime rate,

Definition of Prime rate:

The best rate of interest at which a bank lends to its customers.
Alternative term for prime lending rate.
The lowest rate of interest at which money may be borrowed commercially.

How to use Prime rate in a sentence?

The banks have cut their prime rate by 4 percentage points.

Meaning of Prime rate & Prime rate Definition

Prime Rate,

Definition of Prime Rate:

A simple definition of Prime Rate is: The base rate is the rate at which commercial banks charge their trusted corporate customers. Overnight, the federal interest rate is the basis of the base rate, and the base rate is often the starting point for other interest rates.
The base rate is the rate at which commercial banks charge corporate customers with greater credibility.
Interest rates on mortgages, small businesses and personal loans are based on base rates.
The most commonly used policy rates are those published daily by the Wall Street Journal.
You can define Prime Rate as, The interest rates that banks charge their most trusted customers. Banks have set these rates based on the cost of funds and market power.
You can define Prime Rate as, Interest rates that large US banks charge on loans to their preferred customers.
Definition of Prime Rate: Interest rates that commercial banks offer to their best corporate clients.

Literal Meanings of Prime Rate

Prime:

Meanings of Prime:

The kingdom or moment of the greatest power, strength or success in a person's life.
A service that was part of the Divine Office and was traditionally called (or sung) in the first hour of the day (ie 6 a.m.), but is now rarely used.
Azam.
Symbol (1) is written after a letter or symbol as a mark, or after a number like a minute or a vertical symbol.
First of eight standard stop positions.
Main rate short
Most important.
Excellent quality
(A number) can only be divided equally by itself (e.g. 2, 3, 5, 7, 11).
Prepare (something) to use or exchange.
Prepares a person for a situation or task, usually by providing relevant information.

Sentences of Prime

You are at the forefront of life
This is a Fibonacci number that is a prime number.
In fact, in the case of term activation, the removal of semantic primers in search of the first letter is ambiguous.
Reward stopping, which is especially effective when heavy cuts need to be made, is very slow and awkward to go with more active movement.
His main concern is the well-being of the patient
Premium meat
13 and 17 are prime numbers that can only be divisible by 1.
The guards were ready to confess without a confession

Synonyms of Prime

advise, coach, fill in, ultimate, key, first-rate, tell, supreme, main, cardinal, central, highest quality, optimal, prepare, primary, best years, first-class, first, top-quality, heyday, dominant

Rate:

Meanings of Rate:

Set a pattern or value for a particular scale (object).
Think of yourself as having a certain quality, standard or limit.
A measure, quantity or frequency that is usually measured in relation to another quantity or unit of measure.
Pay a fixed price or charge something for something, especially good or service.
Scolding (someone) in anger

Sentences of Rate

They were asked to assess their abilities in various driving exercises
The show has seemed a bit unfocused in recent episodes

Synonyms of Rate

hold to be, think to be, price, judge, compute, hire, amount, adjudge, weigh up, measure, put a value on, evaluate, consider to be, outlay, fare, appraise, gauge, find to be, reckon to be, judge to be, cost

Prime Rate,

Prime Rate Meanings:

The base rate is the rate that commercial banks charge their creditworthy corporate customers. The federal premium rate is the basis of the base rate, and the base rate refers mostly to other interest rates.
The base rate is the rate at which commercial banks charge more than their corporate clients.
Mortgage, small business and personal loan rates are based on basic interest rates.
The highest and most used policy rate is published daily by the Wall Street Journal.
The interest rates that banks charge their most trusted customers. Banks set this rate according to their cost price and market strength.
Prime Rate means: Interest rates on loans from major US banks to customers of their choice.
Commercial banks offer their best corporate customers.

Literal Meanings of Prime Rate

Prime:

Meanings of Prime:

Main interest
Very good quality.
(A number) divides only by itself and units (e.g. 2, 3, 5, 7, 11)
Circumstances or times The greatest strength or greatest achievement in a person's life.
A service that is part of the Western Church Office and is traditionally provided in the morning (ie 6:00 a.m.) but is rarely used today.
A basic number
Symbol (1) which follows a letter or symbol as a specific symbol or after a number such as a minute or vertical symbol.
The first of the eight holding positions is used to protect the inner part of the upper body, the surface of the hands with the sword, the hunting of the head and the tip of the blade downwards.
Special parts in motorcycle races that attract special prices.
(Some) out of the box or ready to use.

Sentences of Prime

One of the main concerns of caregivers is the well-being of the patient.
You are in the early part of life
Defenders are ready to admit without protest.

Synonyms of Prime

bloom, flawless, A1, magnificent, top of the range, flowering, superb, perfection, gen up, marvellous, ascendancy, full flowering, major, foremost, top-tier, essential, overriding, elemental, number-one, basic, grade A, brief, inform, height

Rate:

Meanings of Rate:

A measure, quantity or frequency that is usually measured in relation to another quantity or measure.
A fixed price is paid or charged for something.
Set a pattern or value for a specific scale (object).
Think of it as a special standard.
Correct spelling
Soak (linen or linen) in water to soften it.

Sentences of Rate

Minimum hourly rate 40 3.40
They were asked to assess their abilities in various driving techniques.
Atkinson called him the best defender in Europe.
Judging this young man for his disrespect.
Cannabis was removed and used as ■■■■ to make clothes.

Synonyms of Rate

charge, tariff, pay, tax, toll, count, place, remuneration, position, look on, categorize, deem to be, regard, payment, wage, duty, figure, mark down as, estimate, damage, assess, allowance

Prime Rate,

What is Prime Rate?

Prime Rate means, James Chen, CMT, is an experienced trader, investment advisor and global market strategist. He is the author of John Wiley & Sons' books on trade and technology and has been a visiting researcher at CNBC, Bloomberg TV, Forbes and Reuters, among other financial companies.
The base rate is the rate that commercial banks charge their corporate customers with higher loan eligibility.
Mortgage, small business and personal loan rates are based on the basic interest rate.
The highest and most widely used policy rates are published daily by the Wall Street Journal.
The interest rates that banks charge their most trusted customers. Banks set these rates according to the price and the strength of the market.
The interest rates that commercial banks offer to their best corporate clients.

Literal Meanings of Prime Rate

Prime:

Meanings of Prime:

(A number) can only be divided by itself and units (eg 2, 3, 5, 7, 11).
The greatest power in a person's life or the state or moment of greatest success.
A service that is part of the Western Church's services and is traditionally provided in the morning (ie 6:00 a.m.) but is rarely used today.
Symbol (1) is written after a letter or symbol as a mark, or after a number such as a minute or after a standing symbol.
The first of the eight positions is used to protect the inside of the upper body, with the surface of the hand facing the sword, the head protruding, and the blade pointing downwards.
Special parts in bicycle races that demand special prices.
Do something out of the box or in action.

Sentences of Prime

You are at the peak of your life
The guards agreed to surrender without a fight.

Synonyms of Prime

supply with facts, zenith, best days/years, give information to, give someone the low-down, select, chief, drill, choice, youth, model, exceptional, most important, put in the picture, fine, pre-eminent, clue in, wonderful, pinnacle, fundamental, peak, high point/spot, instruct, top-notch, tip-top, principal