Money Market Rate

Example Definitions of "Money Market Rate"
Money Market Rate. With respect to any Money Market Loan, such rate per annum as the Bank may offer, and the Borrower shall accept, with respect to such Money Market Loan.
Money Market Rate. If offered, a rate of interest per year as offered by the Bank from time to time on any single commercial borrowing during the period offered on such Loan. The Money Market Rate of interest available for any subsequent borrowings may differ since Money Market Rates may fluctuate on a daily basis
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