HomeDefinitionsCompareDebt Prime rate fundThe financial definition for Prime rate fund:A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders. Similar MatchesPRIMEPRIMEStands for prescribed right to income and maximum equity, a certificate that entitles the owner to the dividen../../finance-glossary/income from an underlying security, but not to the capital appreciation of that security. Click to compare definitions of Prime rate fund Click to view definitions beginning pr |