prime interest rate Antonyms

No Synonyms and anytonyms found

Meaning of prime interest rate

Wordnet

prime interest rate (n)

the interest rate on short-term loans that banks charge their commercial customers with high credit ratings

FAQs About the word prime interest rate

the interest rate on short-term loans that banks charge their commercial customers with high credit ratings

No synonyms found.

No antonyms found.

The central bank announced a decrease in the prime interest rate to stimulate economic growth.

Homebuyers rejoiced as the prime interest rate dropped, making mortgages more affordable.

Savvy investors keep a close eye on changes in the prime interest rate to make informed financial decisions.

Many credit cards have variable interest rates tied to the prime interest rate.