prime rate

The interest rate that a commercial bank holds out as its lowest rate for a short-term loan to its most creditworthy borrowers, usu. large corporations.

• This rate, which can vary slightly from bank to bank, often dictates other interest rates for various personal and commercial loans. — Often shortened to prime.

— Also termed prime lending rate.

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词条贡献者

资深译员姚坚，国际知名语言学院法律翻译专业，擅长翻译各类与主权诉讼，仲裁及债务解决相关的法律文件。