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prime interest rate

/praɪm ˈɪntrəst reɪt/

Übersetzung: Der Zinssatz, den Geschäftsbanken ihren kreditwürdigsten Kunden berechnen; er dient in der Regel als Referenz für andere Kreditzinsen in der Wirtschaft.

1 Eintrag

phrase

/praɪm ˈɪntrəst reɪt/C1formalbusiness
  • deDer Zinssatz, den Geschäftsbanken ihren kreditwürdigsten Kunden berechnen; er dient in der Regel als Referenz für andere Kreditzinsen in der Wirtschaft.

The interest rate that commercial banks charge their most creditworthy customers, typically used as a benchmark for other lending rates in the economy.

  1. Base lending rateC1formal

    The interest rate that commercial banks charge their most creditworthy customers, typically large corporations. It serves as a benchmark for many other loans.

    dePrime Rate

    • The Federal Reserve's decision caused the prime interest rate to rise by 0.25%.
    • Many variable-rate mortgages are tied to the prime interest rate.
    • When the prime interest rate drops, businesses often borrow more money for expansion.