The Law Dictionary

PRIME (VERB)

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

v. To stand first or paramount to take precedence or priority of; to outrank; as, in the sentence "taxes prime all other liens." … [Read more...]

PRIME CONTRACTOR

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The primary or general contractor. The contractor ultimately responsible for work contracted and being performed and the performance of subcontractors. … [Read more...]

PRIME COST

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The actual or true cost paid or the total cost which includes labor and materials in its production. … [Read more...]

PRIME INTEREST RATE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The interest rate for short terms unsecured loans that banks charge commercial customers with high credit ratings. … [Read more...]

PRIME SERJEANT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

In English law. The king's first Serjeant at law. … [Read more...]

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