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Houston Mortgage > Glossary >
Credit Card > W 1-10
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Waiver
The intentional and voluntary giving up of rights or claims.
Wall Street Journal prime rate
The Wall Street Journal surveys large banks and publishes the consensus prime rate. It's the most widely quoted measure of the prime rate, which is a common benchmark for consumer and business loans set by banks, often at a level 3 percentage points higher than the federal funds rate. The prime rate will move up or down in lock step with changes by the Federal Reserve Board.
WSJ prime rate
The initials stand for the Wall Street Journal, which surveys large banks and publishes the consensus prime rate. It's the most widely quoted measure of the prime rate, which is a common benchmark for consumer and business loans set by banks, often at a level 3 percentage points higher than the federal funds rate. The prime rate will move up or down in lock step with changes by the Federal Reserve Board.
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