PRIME RATE


Meaning of PRIME RATE in English

(~s)

A bank’s ~ is the lowest rate of interest which it charges at a particular time and which is offered only to certain customers. (BUSINESS)

At least one bank cut its ~ today.

N-COUNT

Collins COBUILD.      Толковый словарь английского языка для изучающих язык Коллинз COBUILD (международная база данных языков Бирмингемского университета) .