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LSDefine

Simple English definitions for legal terms

prime

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A quick definition of prime:

Term: PRIME

Definition: Prime refers to the interest rate that banks charge their most creditworthy customers. It is the lowest rate at which banks lend money to their customers. When someone says "prime rate," they are referring to this interest rate. Additionally, prime can also be used as a verb to mean taking priority over something else. For example, if you have a preferred mortgage, it will prime over any other liens or debts you may have.

A more thorough explanation:

prime, n. - refers to the prime rate under interest rate.

prime, vb. - means to take priority over something else.

Example 1: The bank offered a loan with an interest rate of 2% above prime.

Example 2: The CEO's safety was of prime concern during the company's restructuring.

Example 3: The athlete's performance was prime, earning them a gold medal.

Example 4: The company's new product launch was primed to be a success with extensive marketing efforts.

These examples illustrate the different uses of the term "prime." In example 1, "prime" is used as a reference to the prime rate, which is a benchmark interest rate used by banks. In example 2, "prime" is used to emphasize the importance of the CEO's safety. In example 3, "prime" is used to describe the athlete's exceptional performance. In example 4, "prime" is used to describe the company's efforts to ensure the success of their new product launch.

primate | prime contractor

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Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
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