The interest rate at which U.S. banks will lend to their main corporate customers.
U.S Prime Rate
Related Terms
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A prime broker is an institution (usually a large commercial bank) that facilitates trading for its clients (often institutional funds, hedge funds, and other proprietary trading firms). Prime...
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A central bank is an organization that manages the currency of a country or group of countries and controls the money supply. Central banks, also called reserve banks, came into being because their...
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