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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 ?
You can visit Primo Italian Restaurant on 10 Viaduct Street, Huddersfield HD1 1DL.
Primo Lights also has a range of installation devices.
"We hope to create the largest crowd-sourced library in Egypt, and donate it to NGOs working with less fortunate youth," said Primo. "We have chosen Education for Employment Foundation (EFE) as one of the campaign beneficiaries, but we're looking to collaborate with as many NGOs [as possible] to reach to a maximum number of youngsters."
We are convinced that iGO primo - easy and quick to use, and optimized for the Indian road system - makes driving an enjoyable and stress-free activity."
The volume is divided into four parts: 'Psychology, Theology and Philosophy', 'Humanism and Politics', 'Literature' (covering Primo Levi's literary background), and 'Reflection on Writing'.
Stringer was denied the hat-trick when his Primo Ryan was mugged on the line by Ron Bicknell's Millbank Brennan, who got up on the stick in to land the stayers' in 37.02sec.
Il volume si articola in quattro sezioni: la prima, Politics, Nationalism and Collective Memory, inquadra sotto un profilo storico l'attivita intellettuale di Levi, partendo dal bel lissimo contributo di Stanislao Pugliese, "Primo Levi's Politics: Giustizia e Liberta, the Partito d'Azione, and 'Jewish' Anti-Fascism" (17-29) che punta il dito sulla rimozione ("erasure," 18) del pensiero politico dello scrittore da parte della critica letteraria statunitense.
3 May 2012 - TD Bank has provided a USD20m (EUR15m) revolving credit facility and Comvest Capital has led a USD15.2m term loan to Primo Water Corp (NASDAQ:PRMW), the US supplier of water dispensers said on Wednesday after the end-April close of the financing.