Prime rate/Definition: Difference between revisions
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imported>John Dvorak m (Template:Def Prime rate moved to Prime rate/Definition: Moving_definition) |
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The interest rate that commercial banks charge for loans involving the lowest risk of default - such as loans to large companies. | The interest rate that commercial banks charge for loans involving the lowest risk of default - such as loans to large companies. | ||
Latest revision as of 22:59, 22 May 2008
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Prime rate [r]: The interest rate that commercial banks charge for loans involving the lowest risk of default - such as loans to large companies.