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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 ?
LOS PRIMOS SON LOS PRIMEROS individuos con o contra quienes edificamos nuestra propia individualidad.
Primo was adamant on making it clear that the Curfew Library is not just a bunch of events, but a campaign that extends beyond them.
concerning Primo Levi's supposed suicide, making connections with the high number of Holocaust survivors' suicides, such as Bruno Bettelheim, Paul Celan, Jerzy Kosinski, Tadeus Borowski, and above all Jean Amery, of which Pytell gives a detailed biography.
Set up in 2004 by Billy Prim, an entrepreneur and the founder of Blue Rhino, Primo Water provides purified bottled water, water dispensers and sparkling beverage appliances at retail locations and online.
We then created a shared Google Docs spreadsheet, in order to post Primo problems to Ex Libris in lieu of the listserv.
A new localised automotive version of the flagship product in the iGO Navigation range, iGO primo China edition features high definition 3D visualisation and Chinese navigation software.
Still I have read practically all of Primo Levi's writings and have spent more time with my first cousin's husband than probably anyone here.
Primo de Rivera and the Nationalization of the Masses, 1923-30, by Alejandro Quiroga.
The new Primo boast an unusual formulation, made with 95 percent malt and five percent raw Hawaiian cane sugar.
Trago aqui nao meus apontamentos sobre o tema, mas meu olhar sobre as ideias de Primo em 'Interacao mediada por computador'.
A o propor o tema titulo do livro "Interação mediada por computador" (Editora Salina, 2007), o autor Alex Primo nos viabiliza uma das reflexões mais caras para os estudos da cibercultura e também para áreas como educação e sociologia.