prime rate inLoans topic From Longman Dictionary of Contemporary Englishˈprime ˌratenoun[countable]thelowestrateofinterestat which companies canborrowmoney from abank→base rateExamples from the Corpusprime rate•Thatincludescontainingincreasesincorporatelendingrates like thelong-termprime rate.•The ...
prime′ rate′ n. the minimum interest rate charged by a commercial bank on short-term business loans to large, best-rated customers or corporations. Also calledprime,prime′ in′terest rate`. Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 199...
Prime Rate, the chinese central bank has a lot of influence over the rates which need to be paid in the market for loans and mortgages and the interest paid on savings. By changing the Loan Prime Rate, the chinese central bank can also influence the exchange rates of the Chinese Renminbi...
prime-rate n. 1. (美国银行的)最优惠贷款利率(in the US) the lowest rate of interest at which business customers can borrow money from banks 例句 释义: 全部,最优惠利率,基本利率,优待利率 更多例句筛选 1. Thus, even though the cost of funds has changed considerably, it may not be readily...
offer below-Prime-Rate loans to highly qualified customers as a way of generating business. Furthermore, below-Prime-Rate loans are relatively common when the loan product in question is secured, as is the case withmortgages, home equity loans, home equity lines of credit and car loans. ...
Related topics:Loans ˈprimeˌratenoun[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 prime rate•That includes containing increases in corporate lending rates like the...
In December 2024, the short-term prime lending rate in Japan was about 1.63 percent per annum. The prime lending rate is the most frequent interest rate charged by the majority of city banks on short-term loans to the most creditworthy clients. ...
inflation, the demand for loans, and other economic factors. When the prime rate changes, the interest rates on loans and financial products that are based on the prime rate may also change.
自2020年1月1日起，贷款市场报价利率将成为银行新增贷款的唯一基准利率，该利率由央行于2019年8月推出。金融机构和客户商定的浮动利率可高于或低于基准利率。China will stop using the traditional benchmark lending rate for new loans. The loan prime rate (LPR), which was introduced by the central bank in...
for loans. A decrease in the prime rate encourages more consumers to borrow money by making borrowing cheaper. Increases in the rate, however, raise the cost of consumer loans unless banks reduce their profit margins enough to make up the difference. For example, a loan based on a prime ...