Prime Lending Rate

Example Definitions of "Prime Lending Rate"
Prime Lending Rate. Means the rate which Bankers Trust Company, a New York banking corporation, announces from time to time as its prime lending rate, the Prime Lending Rate to change when and as such prime lending rate changes. The Prime Lending Rate is a reference rate and does not necessarily represent the lowest or best rate actually charged to any customer. Bankers Trust Company, a New York banking corporation, may make commercial loans or other loans at... rates of interest at, above or below the Prime Lending Rate. View More Arrow
Prime Lending Rate. Means the rate of interest Issuer announces from time to time as Issuer's prime lending rate for unsecured commercial loans within the United States of America (but is not intended to be the lowest rate of interest Issuer charges in connection with extensions of credit to borrowers).
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