Prime-1/Prime-2/Prime-3
► FINANCE a rating (= measurement of how good something is) given to a loan to show how much of a risk there is that the loan will not be paid back. A Prime-1 rating means that the risk is very low. A Prime-2 or Prime-3 rating means that the risk is higher: »
Issuers rated Prime-1 have a superior ability for repayment of senior short-term debt obligations.
Main Entry: ↑prime
Financial and business terms. 2012.