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What is the prime rate?
asked Jan 23, 2011 by triuser (1,768 points)

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Prime rate, or Prime Lending Rate, is a term applied in many countries to a reference interest rate used by banks
answered Jan 23, 2011 by trianswer (22,754 points)
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It´s an interest rate that US banks charge to their best corporative clients
answered Jan 23, 2011 by trianswer (22,754 points)

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