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PRIME

Stands for Prescribed Right to Income and Maximum Equity, a certificate that entitles the owner to the dividend/income from an underlying security, but not to the capital appreciation of that security.

Prime

1. In commercial banking, the best available interest rate under most circumstances. Generally speaking, only the most creditworthy customers receive the prime, but this is not always true. In any case, a prime serves as a benchmark against which other interest rates are compared. In this sense, it is also called the prime rate.

2. Describing the highest possible credit rating on a bond, either Aaa (for Moody's) or AAA (for S&P and Fitch).

prime

1. Of or relating to a debt security rated AAA or Aaa.
2. See prime rate.

prime

To come before another creditor in terms of priority of payment should there be insufficient assets to pay all creditors.A first mortgage holder primes a second mortgage holder,who primes a later judgment creditor, who primes a general unsecured creditor. Filing for bankruptcy reshuffles the deck,as the bankruptcy trustee primes large categories of creditors.

References in periodicals archive ?
The coating industry's interest in the primer follows years of extensive third party laboratory and field testing that has resulted in its use by some of the world's largest companies including Sinopec.
Which pistol primer to use in such loads is the easy part of this discussion: When using extruded propellants, use the CCI-300, and when using ball-type propellants, use the CCI-350.
The Tm of each primer was estimated, as this would be a key factor in assessing the annealing temperature of the primer to the respective DNA templates.
Different makes of primers, or even different lots of the same make, can differ in the thickness and hardness of the metal in the primer cups.
Another advantage of the three-wet system is that it removes the need for sanding and repair of primers, steps that cost money and often lead to dirt and further defects.
Julie Bench, N Yorks Collection Reviving & Anti-Fatigue Illuminating Primers, PS4.
Make-up artists use clever lightreflecting primers to recreate this youthful look.
This same process of annealing a primer pair and template sequence-dependant ligation of them to form a product occurs simultaneously on the other template strand, using primers 3 and 4.
Follow the primer's label instructions for how long you should let the primer stand before application.
We evenly divided 440 randomly selected assays among the 3 primer pairs and performed qPCR reactions with 5000 template molecules and the SsoAdvanced SYBR Green Supermix (Bio-Rad).
RATING 5/5 Benefit Stay Flawless 15 Hour Primer, PS24.
com This primer has been creating quite a buzz - it makes the complexion feel smooth and velvety.