A device that powers to another devices. For example, a prime mover such as a turbine provides power for the generator.

A whole number that is greater than one that is only divisible by 1 and itself. Every natural number is either a prime number or a multiple of a prime […]

A commercial paper that has very high ratings is called a prime paper in the financial markets .

The rates charged to a banks favorite corporations. The interest rate is semifloating.

A fund that invests only in loans having a prime interest rate . They are corporate loans with limited liquidity due to the secondary market .

Under this loan agreement , the prime lending rate causes the interest rate to vary.

In English law . The king’s first Serjeant at law.

The time during which the number of television viewers or radio listeners is the highest. For radio listeners, the prime times are during the drive times in the morning and […]

To stand first or paramount to take precedence or priority of; to outrank ; as, in the sentence “taxes prime all other liens.”

A law French word, signifying first; primary.

In old English law . The first of any degree of men. 1 Mon. Angl. 838.

A loan that is obtained by a firm according to bankruptcy’s Chapter 11, and has tough restrictions imposed on it. The functioning of a company is possible because of such […]

In English law . First fruits; the first year’s whole profits of a spiritual preferment. 1 Bl. Comm. 284.

Lat. A writ directing a grant of the first benefice in the sovereign’s gift. Cowell. Primo excutienda est verb! vis, ne sermonis vitio obstrnatnr oratio, sive lex sine argument!*. Co. […]

impartiality, as it is said, lets the point of it fall upon one of the three names nominated for each county, etc., and the person upon whose name it chances […]

Lat. To the one first coming. An executor anciently paid debts as they were presented, whether the assets were sufficient to meet all debts or not. Stim. Law Gloss.

1. The state of being the first-born among several children of the same parents; seniority by birth in the same family. 2. The superior or exclusive right possessed by the […]

Lat In old English law . A first-born or eldest son. Bract, fol. 33. PRIMUM DECRETUM. Lat In the canon law. The first decree; a preliminary decree granted on the […]

In a general sense, a sovereign ; the ruler of a nation or state. More particularly, the son of a king or emperor, or the issue of a royal family; […]

Lat. In the civil law . The prince; the emperor. Princeps et respublica ex jnsta causa possnnt rem meam auferre. 12 Coke, 13. The prince and the republic, for a […]

In English law . The younger sons and daughters of the sovereign, and other branches of the royal family who are not in the immediate line of succession. PRINCESS ROYAL. […]

full meaning of a word should be ascertained at the outset, in order that the sense may not be lost by defect of expression, and that the law be not […]

A principal contract is one which stands by itself, justifies its own existence, and is not subordinate or auxiliary to any other. Accessory contracts are those made for assuring the […]

The loan amount that has yet to paid. It is not inclusive of interest and other related charges.

Security selling through either one or more dealers who stock up in bulk for their personal portfolios. The bought securities are then sold at a marked up or marked down […]