What is the meaning of PRIME?

Stands for Prescribed Right to Income and Maximum Equity, a certificate that entitles the owner to the dividend/income from an underlying security, but not to the capital appreciation of that security.

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APABarry Goldsmith. (2010). prime. Retrieved September 20, 2026, from http://smartdefine.org/prime/definitions/1161112
ChicagoBarry Goldsmith. 2010. "prime" http://smartdefine.org/prime/definitions/1161112 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, prime, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/prime/definitions/1161112>.
MLABarry Goldsmith. "prime" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/prime/definitions/1161112>
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