Financial Dictionary

This dictionary contains:
24549
financial terms

Prime rate




Prime rate

The interest rate at which banks lend to their best (prime) customers. More often than not, a bank's most creditworthy customers borrow at rates below the prime rate.

RELATED TERMS
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Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.

Lend
To allow someone to use a sum of money that will have to be paid back.

Borrow
Is the term which indicates a credit relationship. In securities it can refer to borrowing funds or borrowing securities.

Prime
Stands for Prescribed Right to Income and Maximum Equity, a certificate that entitles the owner to the dividend-income from an underlying security, but not to the capital appreciation of that security.



SIMILAR TERMS
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Prim, S.A.
Prim, S.A. is a Spanish company listed at Madrid Stock Exchange's Continuous Market. Its business activity is consumer goods.

PRIMA AFP S.A.
PRIMA AFP S.A. is a retirement fund listed at Lima stock exchange.

PRIMA BIOMED Ltd
PRIMA BIOMED Ltd is a large Australian company in the field of diversified financials. Their Australian Stock Exchange (ASX) code is PRR.

Primary dealer
Usually refers to the select list of securities firms that are authorized to deal in new issues of government bonds.

Primary distribution
Sale of a new issue of stock or bonds, as distinguished from a secondary distribution.

Primary earnings per (common) share
Earnings available for the payment of dividends to common stockholders divided by the number of common shares outstanding.

PRIMARY Health Care Limited
PRIMARY Health Care Limited is a large Australian company in the field of health care equipment and services. Their Australian Stock Exchange (ASX) code is PRY.

Primary market
Where a newly issued security is first offered. All subsequent trading of this security occurs is done in the secondary market.

Primary offering
Direct-Sale of a firm's newly issued shares by the firm to investors.

Primary sector of the economy
The extraction of raw materials from the earth, and agriculture.

Primary trend
General movement in price data that lasts 4 to 4 1-2 years.

PRIME
Stands for Prescribed Right to Income and Maximum Equity, a certificate that entitles the owner to the dividend-income from an underlying security, but not to the capital appreciation of that security.

Prime bank
This term usually describes the top 50 banks (or thereabouts) in the world.

Prime brokerage
A special group of services that many brokerages give to special clients.

Prime cost or direct cost
The sum of direct material costs and direct labor costs.

PRIME Credit Property Trust
PRIME Credit Property Trust is a large Australian company in the field of real estate. Their Australian Stock Exchange (ASX) code is PRP.

PRIME Credit Union
PRIME is a credit union with head office in RARITAN, NJ

PRIME FINANCIAL Credit Union
PRIME FINANCIAL is a credit union with head office in WHEELING, WV

PRIME INVEST
PRIME INVEST is a securities company with code 00721 at Hong Kong stock. Board lot: 10,000.

Prime paper
The highest-quality, investment-grade debt of corporations as decided by rating agencies such as Moody's.

Prime rate fund
A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders.

Prime Restaurants Royalty Income Fund
Prime Restaurants Royalty Income Fund is one of Canada's largest companies.

PRIME SUCCESS
PRIME SUCCESS is a securities company with code 00210 at Hong Kong stock. Board lot: 2,000.

PRIME Television Limited
PRIME Television Limited is a large Australian company in the field of media. Their Australian Stock Exchange (ASX) code is PRT.

PRIMELIFE Corporation Limited
PRIMELIFE Corporation Limited is a large Australian company in the field of health care equipment and services. Their Australian Stock Exchange (ASX) code is PLF.

PRIMEWAY Credit Union
PRIMEWAY is a credit union with head office in HOUSTON, TX

PrimeWest Energy Trust
PrimeWest Energy Trust is one of Canada's largest companies.

Primitive security
An instrument such as a stock or bond for which payments depend only on the financial status of the issuer.



PREVIOUS AND NEXT TERMS
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PRIME
Stands for Prescribed Right to Income and Maximum Equity, a certificate that entitles the owner to the dividend-income from an underlying security, but not to the capital appreciation of that security.

Prime bank
This term usually describes the top 50 banks (or thereabouts) in the world.

Prime brokerage
A special group of services that many brokerages give to special clients.

Prime cost or direct cost
The sum of direct material costs and direct labor costs.

Prime paper
The highest-quality, investment-grade debt of corporations as decided by rating agencies such as Moody's.

Prime rate

Prime rate fund
A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders.

Primitive security
An instrument such as a stock or bond for which payments depend only on the financial status of the issuer.

Principal
The amount of a loan, which the borrower has to pay back when the loan matures; a person who engages a broker to buy and sell for him.

Principal agent relationship
Occurs when one person, an agent, acts on the behalf of another person, the principal.

Principal amount
The face amount of debt; the amount borrowed or lent. Often called principal.

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This dictionary contains 24549 terms.







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