| / English Dictionary |
PRIME INTEREST RATE
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
The interest rate on short-term loans that banks charge their commercial customers with high credit ratings
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("prime interest rate" is a kind of...):
interest rate; rate of interest (the percentage of a sum of money charged for its use)
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