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. | |||
== See also == | == See also == | ||
* [[Prime rate]] | * [[Prime rate]] | ||
Revision as of 11:23, 14 August 2013
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.
