The prime rate is the rate at which the central bank lends to the commercial banks whiles the base rate is the rate at which the commercial banks lend to the public
The difference is that rates charged by banks to the public have an additional rate added to the prime rate based on creditworthiness and rating. Poor credit equals a higher interest rate and vice versa.
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The prime rate normally changes only when the national banks decide to raise or lower their base rate. The prime rate has been known to not change for years but it has also been known to change several times in one year. http://en.wikipedia.org/wiki/Wall_Street_Journal_prime_rate
The "Prime Interest Rate" is the interest rate used by banks to base all their loan interest rates (and sometimes other interest rates) on and is usually lower than the lowest rate charged on loans to customers with the best credit ratings.
The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.
The difference is that rates charged by banks to the public have an additional rate added to the prime rate based on creditworthiness and rating. Poor credit equals a higher interest rate and vice versa.
There is no difference between them they are same rate constant is another name of specific rate constant
Prime sealing coat shall be MC30 or MC70 complying with ASSHTO M82 or as directed by the Engineer and shall be applied to the prepared sub-base layer at a rate between 0.8 and 1.2kg/m2 and at a temperature between 60' C and 80' C. Tests shall be carried out on site to determine the rate of spread of the prime sealing coat material.
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mortality rate - death rate
The main difference between the total fertility rate and the rate of natural increase is that the total fertility rate measures the average number of children a woman is expected to have in her lifetime, while the rate of natural increase calculates the difference between the birth rate and the death rate in a population.
The prime rate normally changes only when the national banks decide to raise or lower their base rate. The prime rate has been known to not change for years but it has also been known to change several times in one year. http://en.wikipedia.org/wiki/Wall_Street_Journal_prime_rate
Banks gave loans at even lower than BPLR to blue chip companies while charged higher rate of interest from common people. This is why RBI has decided to scrape the BPLR system and introduced a Base Rate that will be applicable from July 1, 2011. Base rate will bring transparency in the loan segment as banks cannot give loans at rates lower than Base Rate.
The difference between the coupon rate and the required return of a bond is dependent upon the type of bond. Junk bonds will have the biggest difference between its return and the coupon rate.
The "Prime Interest Rate" is the interest rate used by banks to base all their loan interest rates (and sometimes other interest rates) on and is usually lower than the lowest rate charged on loans to customers with the best credit ratings.
The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.
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