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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.


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).


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


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 ?
Bei naherem Hinsehen stellt sich aber alsbald heraus, dasz--nach der Spatdatierung der Istanbuler Inschrift--die innere Entwicklung des kursiven Duktus der Pahlavi-Schrift ganz enorme Bedeutung gewonnen hat fur die Festlegung des Zeitpunktes, zu dem die avestische Schrift (auf der Basis primar eben dieser Pahlavi-Kursive) geschaffen wurde und damit die Uberlieferung des Avesta schriftlich geworden ist (vgl.
Strengthen the primar y health system to provide basic and comprehensive emergency obstetric care EmOC services as per WHO recommendations.
The big blue lottery ticket," silver-tongued consignor James Keogh called it, alluding to the rivals' primar racing colours.
With 98,831 hectares (244,000 acres) or 29% of all farmland, sugar is still the primar y crop, even after abandoning or converting to other purposes 112,870 ha (278,900 acres) or 53% of the original 211,700 ha (523,100 acres).
Nao se pode, no entanto, deixar de reconhecer que se por um lado Debret constroi o elogio a acao civilizadora da monarquia, por outro tece serias criticas a pessoa do imperador, por ele qualificado como um homem 'sanguineo e bilioso', que cultivava 'a pratica de depositar alguns fundos em bancos estrangeiros', alem de nao primar pela 'generosidade e cortesia' com as imperatrizes com quem se casou.
When I tried to organise streets protests against Kennedy's Latin Primar I got no response at all.
Von den beiden heutigen Hauptbedeutungen des Dialektworts laevarikk ('Schiffbruch' und 'gestrandetes Gut eines gesunkenen Schiffes') gilt Erstgenannte als primar, da (h)aakrik aus dem Sprachbewusstsein unserer Kusten bewohner langst seinen Ruckzug angestreten hat, d.
im Prosawerk der Ebner nicht primar fassbar in der direkten Aufnahme konkreter geschichtlichen Fakten" [Zeitkritik in Ebner's prose is .
41) Injustice, Gamson argues, is the primar y frame that "facilities adoption of the other elements" and predisposes the overall commentary to contain adversarial elements.
It is clear, in both the law and in practice, that the proper approach to the use of force is not all-encompassing restrictions on force or using the escalating force continua as the primar y response.
metaphor, decomposing it and abstracting what we take to be its primar y