(ECONOMICS) the lowest interest rate available to non-financial borrowers.
Banks can borrow money from the Federal Reserve System or each other at the lower federal funds rate--and they borrow money from depositors at lower rates still.
Banks can borrow money from the Federal Reserve System or each other at the lower federal funds rate--and they borrow money from depositors at lower rates still.
The most widely-quoted estimate of the prime rate is that published by the Wall Street Journal (from a survey of the 30 largest banks).
by Abu Yahya September 6, 2010
Get the prime ratemug. by lolzy4200 June 2, 2013
Get the bpd ratemug.
Get the J-Ratedmug. by AlphaJohn December 28, 2005
Get the over-ratedmug. by Quinn Sjosten April 24, 2017
Get the rate of firemug. When a dude friend posts a rate on his was wall and another dude friend likes it, its called a bro rate.
by Troy the wise December 31, 2011
Get the Bro ratemug. by T-dogg_1988 November 14, 2006
Get the G-ratedmug.