| 释义 |
Definition of prime rate in English: prime ratenoun North American The lowest rate of interest at which money may be borrowed commercially. the banks have cut their prime rate by 4 percentage points Example sentencesExamples - The average rate for the credit lines is the prime rate - the interest rate banks charge their most creditworthy customers.
- Still, banks are facing shrinking interest margins as they offer lower prime rates to attract homebuyers to take on mortgages.
- The interest rate would be 8% (the prime rate at that time) with no prepayment penalty clause.
- At closing, the loans will be fixed at the prime rate, which now is 4 percent.
- Some short-term home-equity loans are tied to the prime rate; longer-term rates may be a point or two higher than your existing mortgage.
Definition of prime rate in US English: prime ratenoun North American The lowest rate of interest at which money may be borrowed commercially. the banks have cut their prime rate by 4 percentage points Example sentencesExamples - At closing, the loans will be fixed at the prime rate, which now is 4 percent.
- Some short-term home-equity loans are tied to the prime rate; longer-term rates may be a point or two higher than your existing mortgage.
- Still, banks are facing shrinking interest margins as they offer lower prime rates to attract homebuyers to take on mortgages.
- The interest rate would be 8% (the prime rate at that time) with no prepayment penalty clause.
- The average rate for the credit lines is the prime rate - the interest rate banks charge their most creditworthy customers.
|