A Bank's __________ Rate Is the Lowest Published Rate of Interest

question 48

Multiple Choice

A bank's __________ rate is the lowest published rate of interest at which the bank lends to its best and most creditworthy commercial customers.

• A) lien
• B) term
• C) prime
• D) secured

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Definitions:

Job Satisfaction

The level of contentment employees feel about their work, which can affect their performance and overall well-being.

Certain Standard

A specific level of quality, achievement, or compliance that is established as a benchmark or guideline.

Higher-Level Needs

Advanced human desires in Maslow’s hierarchy, including esteem and self-actualization needs, which surface after basic physiological and safety needs are met.

Lower-Level Needs

Basic human requirements such as physiological needs and safety, which have to be fulfilled before higher-level needs, like self-esteem and self-actualization.