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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


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).
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


1. Of or relating to a debt security rated AAA or Aaa.
2. See prime rate.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.


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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
In these commercially-available, rhPCR-based SNP genotyping assays, two allele-specific rhPCR primers are used to query the SNP locus (Figure 2).
This 2K waterborne structure topcoat produces an even and homogeneous structure effect and can be used over all PercoTop and PercoHyd primers and fillers.
Be aware large-pistol primer cups are about 6/1000-inch shorter than large-rifle primer cups.
The advantages of Small Rifle primer pockets in standard-size centerfire cartridges don't come free.
Caption: Lane Pearce's recent "The Reloader" column on 6.5 Creedmoor brass reported good results with H4350 powder and small primers, but when using W760 powder, he achieved excellent results with large primers.
Orthodontic primer MIP (Transbond, Moisture insensitive primer, 3M-Unitek) was light cured in group MP teeth while in group P conventional primer (Transbond XT, 3M Unitek) was used, 5.
We used the Tm of each primer as a point of reference to deduce the annealing temperature by ranging the annealing temperature +- 5degC from the Tm of the primer itself (Rolfs et al., 1992).
The most intuitive way to solve the problem caused by the above allele-specific primer extension sequencing was to avoid nonspecific extensions.
We found that no primer pair detected the same HRVs and HEVs typed when the original pair (5) or pair 1 (online Appendix Table) was used.
"This track is exactly what was accomplished years ago with the Federal GM205M small rifle match primer," Sand-strom said.
The solution is stain-blocking primer, which is available in oil-based (alkyd) and water-based (acrylic-latex) versions.