wall street journal prime rate

  • 1Wall Street Journal prime rate — This article deals with the Wall Street Journal Prime Rate. Also see Prime rate. The Wall Street Journal Prime Rate (WSJ Prime Rate) is defined by The Wall Street Journal (WSJ) as The base rate on corporate loans posted by at least 75% of the… …

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  • 2Prime rate — Prime rate, or Prime Lending Rate, is a term applied in many countries to a reference interest rate used by banks. The term originally indicated the rate of interest at which banks lent to favored customers, i.e., those with high credibility,… …

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  • 3U.S. Prime Rate — In general, the prime rate runs approximately 300 basis points (or 3 percent) above the federal funds rate. The Federal Open Market Committee (FOMC) meets eight times per year wherein they set a target for the federal funds rate. Other rates,… …

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  • 4prime rate — noun : an interest rate formally announced by a bank as the lowest normally available at a particular time to its most creditworthy customers * * * Banking. the minimum interest rate charged by a commercial bank on short term business loans to… …

    Useful english dictionary

  • 5Prime rate — The interest rate at which banks lend to their best ( prime) customers. Much more often than not, a bank s most creditworthy customers borrow at rates below the prime rate. The New York Times Financial Glossary * * * prime rate prime rate ➔ rate1 …

    Financial and business terms

  • 6prime rate — Interest rate charged by major banks to their most creditworthy customers. Chicago Board of Trade glossary The interest rate at which banks lend to their best ( prime ) customers. More often than not, a bank s most creditworthy (… …

    Financial and business terms

  • 7prime rate — / praɪm reɪt/ noun US the best rate of interest at which an American bank lends to its customers ▪▪▪ ‘…the base lending rate, or prime rate, is the rate at which banks lend to their top corporate borrowers’ [Wall Street Journal] COMMENT: Not the… …

    Dictionary of banking and finance

  • 8Occupy Wall Street — This article is about the protests in New York City. For the wider movement, see Occupy movement. Occupy Wall Street Part of the Occupy movement …

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  • 9Dodd–Frank Wall Street Reform and Consumer Protection Act — Full title An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers… …

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  • 10Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… …

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