Definition of 'prime rate'
Translations for 'prime rate'
British English: prime rate NOUN
A bank's prime rate is the lowest rate of interest which it charges at a particular time and which is offered only to certain customers.
At least one bank cut its prime rate today.
- American English: prime rate
- Brazilian Portuguese: taxa primária
- Chinese: 最低贷款利率
- European Spanish: tipo de interés preferente
- French: taux préférentiel
- German: Basiszinssatz
- Italian: prime rate
- Japanese: 最優遇貸出金利
- Korean: 우대 금리
- European Portuguese: taxa primária
- Spanish: tipo de interés preferente
Definition of prime rate from the Collins English Dictionary
Collins Dictionaries for Schools
Our new online dictionaries for schools provide a safe and appropriate environment for children. And best of all it's ad free, so sign up now and start using at home or in the classroom.
Meme Ban, Heart Age & Collagin: September’s Words in the News
Catch up on the latest words in the news this September with Robert Groves.
Unlock language with the Paul Noble method
No books. No rote memorization. No chance of failure. Your chance to have a one-to-one lesson with best-selling language expert Paul Noble, try a FREE audio sample of his brand new Mandarin Chinese course.
Join the Collins community
All the latest wordy news, linguistic insights, offers and competitions every month.