プライムレート
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Meanings
1
prime lending rate; prime rate
Finance term for the preferential lending rate offered by banks, typically to highly creditworthy borrowers or used as a benchmark for loans.
The bank raised the prime rate by 0.25 percentage points.
The prime rate serves as a benchmark for lending rates to blue-chip companies.
Usage patterns
- プライムレートが〈動詞〉the prime rate rises/falls
The prime rate rose following the Bank of Japan's policy change.
- 銀行がプライムレートを〈動詞〉a bank raises/lowers the prime rate
Each bank announced that it would lower its prime rate.
- 〈事〉をプライムレートを基準に決めるto set something based on the prime rate
Mortgage interest rates are set based on the prime rate.