US prime rate: Difference between revisions
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The rate of interest at which a commercial bank offers to lend money in the US domestic market to its most credit-worthy customers. | The rate of interest at which a commercial bank offers to lend money in the US domestic market to its most credit-worthy customers. | ||
The approximate average of prime rates quoted by the major US banks on a given day. | The approximate average of prime rates quoted by the major US banks on a given day. | ||
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== See also == | == See also == | ||
* [[Prime rate]] | * [[Prime rate]] | ||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 13:03, 2 July 2022
The rate of interest at which a commercial bank offers to lend money in the US domestic market to its most credit-worthy customers.
The approximate average of prime rates quoted by the major US banks on a given day.
