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prime interest rate

/praɪm ˈɪntrəst reɪt/

Tradução: Taxa de juros que os bancos comerciais cobram de seus clientes mais confiáveis, usada como referência para outras taxas de empréstimo na economia.

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phrase

/praɪm ˈɪntrəst reɪt/C1formalbusiness
  • ptTaxa de juros que os bancos comerciais cobram de seus clientes mais confiáveis, usada como referência para outras taxas de empréstimo na economia.

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.

    ptTaxa de juros preferencial

    • 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.