What is the meaning of prime interest rate?

noun

  • The interest rate on short-term loans that banks charge their commercial customers with high credit ratings. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). prime interest rate. Retrieved September 21, 2026, from http://smartdefine.org/prime_interest_rate/definitions/1242811
ChicagoWordNet. 2010. "prime interest rate" http://smartdefine.org/prime_interest_rate/definitions/1242811 (accessed September 21, 2026).
HarvardWordNet 2010, prime interest rate, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/prime_interest_rate/definitions/1242811>.
MLAWordNet. "prime interest rate" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/prime_interest_rate/definitions/1242811>