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prime rate

Word family
Related topics: Loans
ˈprime ˌrate noun [countableC]  
BFLthe lowest rate of interest at which companies can borrow money from a bank 〔银行给公司提供的〕优惠贷款利率,最低贷款利率 base rate
Examples from the Corpus
From Longman Business Dictionary
prime rateˌprime ˈrate (also prime lending rate)FINANCEBANKING
the most favourable interest rate for borrowing money, given by a bank to customers with the lowest risk of not repaying the loan
The prime rate is the base for various bank lending charges.
rate
ˈprime ˌrate noun
Chinese
Syllable
Corpus

See also: prime rate


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