| The New Dictionary of Cultural Literacy, Third Edition. 2002. |
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| prime rate |
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| The interest rate that banks charge to corporations that are considered excellent risks. | 1 |
| ‡ The prime rate is usually the lowest prevailing interest rate; if it rises, rates available to consumers will soon rise. | 2 |
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| | | The New Dictionary of Cultural Literacy, Third Edition. Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. |
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