prime rate
noun
: an interest rate formally announced by a bank to be the lowest available at a particular time to its most credit-worthy customers
called also prime interest rate
Examples of prime rate in a Sentence
Recent Examples on the Web
The prime rate at which the Central Bank is lending money has now risen to 18 percent, and the rates for business loans are higher as capital becomes tighter in the country's wartime economy.
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Ashley Belanger, ArsTechnica, 27 Aug. 2025
Dukai Photographer | Moment | Getty Images Asia-Pacific markets closed mostly lower Wednesday, tracking Wall Street declines overnight, as investors parsed Japan’s trade data and China’s loan prime rate decision.
—Lee Ying Shan, CNBC, 19 Aug. 2025
Look at how the prime rate exceeded 20% back in 1980.
—Letters To The Editor, The Orlando Sentinel, 14 June 2025
China’s central bank made its first cut to its loan prime rates in seven months in a move welcomed by investors eager for more stimulus as the world’s second largest economy feels the pinch of Trump’s higher tariffs.
—Matt Ott, Chicago Tribune, 20 May 2025
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Ashley Belanger, ArsTechnica, 27 Aug. 2025
Dukai Photographer | Moment | Getty Images Asia-Pacific markets closed mostly lower Wednesday, tracking Wall Street declines overnight, as investors parsed Japan’s trade data and China’s loan prime rate decision.
—Lee Ying Shan, CNBC, 19 Aug. 2025
Look at how the prime rate exceeded 20% back in 1980.
—Letters To The Editor, The Orlando Sentinel, 14 June 2025
China’s central bank made its first cut to its loan prime rates in seven months in a move welcomed by investors eager for more stimulus as the world’s second largest economy feels the pinch of Trump’s higher tariffs.
—Matt Ott, Chicago Tribune, 20 May 2025
See All Example Sentences for prime rate
Cite this Entry
“Prime rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prime%20rate. Accessed 10 Sep. 2025.
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