Glossary entry

English term or phrase:

prime

Arabic translation:

أساسي

Added to glossary by Liliane Hatem
Sep 23, 2012 04:18
11 yrs ago
4 viewers *
English term

prime

English to Arabic Bus/Financial Finance (general) Banking
The bank has prime single ‘A’ credit ratings from Moody's>

I am not sure here whether prime means excellent or short term .I have checked the Moody's ratings and they have among the categories a category that starts with prime but it is followed by a number not a letter.
Change log

Oct 16, 2012 06:48: Liliane Hatem Created KOG entry

Proposed translations

52 mins
Selected

أساسي

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4 KudoZ points awarded for this answer. Comment: "شكرا"
2 hrs

تصنيف

«A+». وقد ذكرت الوكالة لستاندر اند بورز أن تصنيف البنك الوطني كان
A classification of borrowers, rates or holdings in the lending market that are considered to be of high quality. This classification is placed on those borrowers that are deemed to be the most credit-worthy and the prime rate is the rate that a lender will lend to its high quality borrowers.


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3 hrs

مميز/تفضيلي

Here it means the lowest rate of interest at which banks lent to favored customers.

http://en.wikipedia.org/wiki/Prime_rate
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