Download the app
educalingo
Search

Meaning of "prime rate" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF PRIME RATE

prime rate play
facebooktwitterpinterestwhatsapp

GRAMMATICAL CATEGORY OF PRIME RATE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Prime rate is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES PRIME RATE MEAN IN ENGLISH?

Prime rate

Prime rate or prime lending rate is a term applied in many countries to reference an interest rate used by banks. The term originally indicated the rate of interest at which banks lent to favored customers, i.e., those with good credit, though this is no longer always the case. Some variable interest rates may be expressed as a percentage above or below prime rate.

Definition of prime rate in the English dictionary

The definition of prime rate in the dictionary is the lowest commercial interest rate charged by a bank at a particular time.

WORDS THAT BEGIN LIKE PRIME RATE

prime bill
prime cost
prime factor
prime focus
prime meridian
prime minister
prime ministerial
prime ministership
prime ministry
prime mover
prime number
prime time
prime vertical
prime-time
primely
primeness
primer
primero
primers
primeur

WORDS THAT END LIKE PRIME RATE

accurate
at any rate
base lending rate
base rate
basic rate
bit rate
call rate
exchange rate
flat rate
heart rate
higher rate
hit rate
infant mortality rate
infection rate
interest rate
metabolic rate
mortality rate
mortgage rate
tax rate
unemployment rate
VAT rate

Synonyms and antonyms of prime rate in the English dictionary of synonyms

SYNONYMS

Translation of «prime rate» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF PRIME RATE

Find out the translation of prime rate to 25 languages with our English multilingual translator.
The translations of prime rate from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «prime rate» in English.

Translator English - Chinese

最低贷款利率
1,325 millions of speakers

Translator English - Spanish

tipo de interés preferente
570 millions of speakers

English

prime rate
510 millions of speakers

Translator English - Hindi

प्रधानमंत्री की दर
380 millions of speakers
ar

Translator English - Arabic

معدل الوزراء
280 millions of speakers

Translator English - Russian

основная ставка
278 millions of speakers

Translator English - Portuguese

taxa primária
270 millions of speakers

Translator English - Bengali

প্রধানমন্ত্রী হার
260 millions of speakers

Translator English - French

taux préférentiel
220 millions of speakers

Translator English - Malay

Kadar utama
190 millions of speakers

Translator English - German

Basiszinssatz
180 millions of speakers

Translator English - Japanese

最優遇貸出金利
130 millions of speakers

Translator English - Korean

우대 금리
85 millions of speakers

Translator English - Javanese

Prime rate
85 millions of speakers
vi

Translator English - Vietnamese

lãi suất cơ bản
80 millions of speakers

Translator English - Tamil

பிரதான வீதம்
75 millions of speakers

Translator English - Marathi

प्राइम रेट
75 millions of speakers

Translator English - Turkish

Asal oran
70 millions of speakers

Translator English - Italian

prime rate
65 millions of speakers

Translator English - Polish

prime rate
50 millions of speakers

Translator English - Ukrainian

основна ставка
40 millions of speakers

Translator English - Romanian

rata de prim
30 millions of speakers
el

Translator English - Greek

βασικό επιτόκιο
15 millions of speakers
af

Translator English - Afrikaans

primakoers
14 millions of speakers
sv

Translator English - Swedish

prime-räntan
10 millions of speakers
no

Translator English - Norwegian

prime rate
5 millions of speakers

Trends of use of prime rate

TRENDS

TENDENCIES OF USE OF THE TERM «PRIME RATE»

The term «prime rate» is regularly used and occupies the 105.274 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
51
/100
The map shown above gives the frequency of use of the term «prime rate» in the different countries.
Principal search tendencies and common uses of prime rate
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «prime rate».

FREQUENCY OF USE OF THE TERM «PRIME RATE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «prime rate» during the past 500 years. Its implementation is based on analysing how often the term «prime rate» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about prime rate

EXAMPLES

10 ENGLISH BOOKS RELATING TO «PRIME RATE»

Discover the use of prime rate in the following bibliographical selection. Books relating to prime rate and brief extracts from same to provide context of its use in English literature.
1
Matthew John Ryan and Prime Rate and Return, LLC, ...
Prime Rate d/b/a American Integrity is a limited liability company incorporated in Delaware in April 2001 with its principal place ofbusiness in Troy, New York. Prime Rate sometimes does business as American Integrity. Prime Rate also does ...
Preethi Krishnamurthy
2
Banking in the New Millennium
8.4 The prime lending rate The prime rate is the best overdraft rate paid by the best (that is, most creditworthy) clients of the bank. The prime rate will obviously depend on the bank's cost of funding and is usually 2-3 % higher than the bank rate ...
A. Pampallis, Amelia Van Der Merwe, L. Mdluli, 1999
3
Lender Liability and Banking Litigation
Some have chosen to eliminate the use of the term "prime rate" altogether, adopting other nomenclature such as "base" or "published" rate, and defining such terms as "that rate so designated and established by the bank, as such rate may ...
Edward F. Mannino, 2014
4
Entrepreneurial Finance
For their highest-quality (lowest default risk) business customers, banks typically charge a prime rate. This prime rate es- tablishes a benchmark rate for loans to riskier customers. Also, banks like to quote rates to riskier customers as “prime ...
J. Leach, Ronald Melicher, 2014
5
The Transmittance of Changes of the Prime Rate to the Long ...
National Central Banks change their prime rate to steer the economic situation and the inflation in their state. With their monetary policy, Central Banks aim at a sustainable, healthy economic situation (Hanweck & Shull, 1996, p. 22). Central ...
Christoph M Ller, 2008
6
The Language of Real Estate
(See secondary mortgage market) prime contractor See general contractor. prime rate The minimum interest rate charged by a commercial bank on short-term loans to its largest and strongest clients (those with the highest credit standings).
John W. Reilly, 2000
7
Floating-Rate Securities
While 3-month LIBOR represents an important determinant of the cost of a financial institution's source of funds, the prime rate plus a spread is a rate banks charge on loans. Traditionally, the prime rate without a spread was considered to be ...
Frank J. Fabozzi, CFA, Steven V. Mann, 2000
8
Contemporary Financial Management
R. Charles Moyer, James McGuigan, William Kretlow. prime rate prime rate London Interbank London Interbank Offer Rate (LIBOR) Offer Rate (LIBOR) discounted loan discounted loan The interest rate charged on a bank loan is usually ...
R. Charles Moyer, James McGuigan, William Kretlow, 2008
9
Fundamentals of Financial Management
If a firm can qualify as a “prime credit” because of its size and financial strength, it can borrow at the prime rate, which at one time was the lowest rate banks charged. Rates on other loans are generally scaled up from the prime rate. But loans ...
Eugene F. Brigham, Joel F. Houston, 2009
10
Introduction to Corporate Finance
Also called variable-rate bonds. prime rate prime rate The rate ofinterest charged by large U.S. banks on loans to business borrowers with excellent credit records. The rate ofinterest charged by large U.S. banks on loans to business borrowers ...
William Megginson, Scott Smart, 2008

10 NEWS ITEMS WHICH INCLUDE THE TERM «PRIME RATE»

Find out what the national and international press are talking about and how the term prime rate is used in the context of the following news items.
1
Summit for a better understanding of our future wellbeing
Thus, anyone going to enquire about or to obtain a mortgage loan will find that the local banks' lending prime rate begins at 3¼%. They then ... «Cayman News Service, Jul 15»
2
NEWGATE CAPITAL MANAGEMENT Is The Latest 13F Q2 2015 Filler
The fund also slashed its postitons in Nuveen Credit Strategies Income Fund (JQC) by -2.22%, Voya Prime Rate Trust (PPR) by -11.58%, ... «OctaFinance.com, Jul 15»
3
Fed hike, which is due, likely means gradual ramping up of interest …
“Yes, rates will be going up, but not as high or fast as the prime rate does,” ... for example, are influenced by much more than just the prime rate. «Lehigh Valley Business, Jul 15»
4
Canada Bond yields and prime rates for Monday, July 27
We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn't know, mark it ... «Brandon Sun, Jul 15»
5
How might higher inflation affect your investments?
Credit card interest rates are based on the prime rate; movements in the prime rate closely mirror movements in the federal funds rate. «Mount Airy News, Jul 15»
6
Let's play the rate game!
For example, the lenders prime rate, as per the most recent rate cut, is now at 2.70% range (down from 2.855). The qualifying rate has not ... «Ottawa Sun, Jul 15»
7
How repo rate increase will affect you
... and you pay interest at the prime rate on your home loan, your rate will increase by a quarter-of-a-percent, from 9.25 percent to 9.5 percent. «Independent Online, Jul 15»
8
With banks following Bank of Canada's rate cut, consumer loans …
The prime rate immediately affects only consumers with a variable rate tied to prime, which is about 25-30 per cent of the market, according to ... «The Province, Jul 15»
9
The Federal Reserve teases interest rates hikes; what's your move?
The prime rate is a benchmark interest rate that tends to follow the trajectory of the federal funds rate. If the Fed funds rate is steadily rising, ... «Petoskey News-Review, Jul 15»
10
Is Toronto-Dominion Bank Prepared for a Recession?
... deposits, have the ability to lower the cost of funding as interest rates fall (perhaps even more than they reduce the prime rate on their loans). «The Motley Fool Canada, Jul 15»

REFERENCE
« EDUCALINGO. Prime rate [online]. Available <https://educalingo.com/en/dic-en/prime-rate>. May 2024 ».
Download the educalingo app
en
English dictionary
Discover all that is hidden in the words on
index
a b c d e f g h i j k l m n o p q r s t u v w x y z