prime rate in English

noun
1
the lowest rate of interest at which money may be borrowed commercially.
The average rate for the credit lines is the prime rate - the interest rate banks charge their most creditworthy customers.

Use "prime rate" in a sentence

Below are sample sentences containing the word "prime rate" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "prime rate", or refer to the context using the word "prime rate" in the English Dictionary.

1. At least one bank cut its prime rate today.

2. 27 At least one bank cut its prime rate today.

3. There is some expectation that the prime rate will soon be lowered.

4. The interest rate may be fixed, or it may float with the prime rate.

5. That includes containing increases in corporate lending rates like the long-term prime rate.

6. In other words, the first suite loan has been basically achieved the prime rate.

7. Banking giant Wells Fargo said it was cutting its prime rate to 25 percent.

8. Interest rate concessions: the implementation of the prime rate, the CDPF and county discount.

9. If we can successfully applied to the prime rate, the rate cut will be more profitable.

10. The long-term prime rate had been at a record low 6 percent since early December.

11. Today, the prime rate is 83 percentage points higher than the yield on a 10-year government note.

12. At the time of writing, the prime rate is 8 percent and the rate of inflation is under 4 percent.