ABR definition: Copy, customize, and use instantly
Introduction
The term "ABR" stands for Alternate Base Rate, a benchmark interest rate used in financial contracts as an alternative to other widely recognized rates like LIBOR. It is often applied in loan agreements, especially when a more stable or different rate is desired.
Below are various examples of how "ABR" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "ABR" for alternative lending rates
This definition ties "ABR" to its role as an alternative lending rate.
"ABR" means an interest rate used as an alternative to the LIBOR, calculated based on a specified margin above a reference rate such as the Federal Funds Rate or the prime rate.
Definition of "ABR" for determining loan interest rates
This definition connects "ABR" to the determination of interest rates for loans.
"ABR" refers to the Alternate Base Rate used to determine the applicable interest rate on loans, where the rate is set as the greater of the prime rate or another base rate specified in the agreement.
Definition of "ABR" for interest rate calculation in financing agreements
This definition links "ABR" to the calculation of interest rates in financing.
"ABR" means the rate used to calculate interest payments in financing agreements, generally the prime rate or a similar benchmark, adjusted according to the terms of the loan agreement.
Definition of "ABR" for loan adjustments
This definition ties "ABR" to loan rate adjustments.
"ABR" refers to the rate used for the periodic adjustment of interest rates on loans, where the rate is based on the prime rate or another predefined base rate, subject to adjustments.
Definition of "ABR" for calculating interest on borrowings
This definition connects "ABR" to the calculation of interest on borrowings.
"ABR" means the benchmark rate used to calculate interest on borrowings, typically set as the prime rate or a similar rate, adjusted for credit risk and other factors.
Definition of "ABR" for credit facilities
This definition links "ABR" to credit facilities and loan agreements.
"ABR" refers to the interest rate used for credit facilities, based on the prime rate or an equivalent benchmark rate, as agreed between the borrower and the lender.
Definition of "ABR" for calculating fees in lending transactions
This definition ties "ABR" to the calculation of fees in lending transactions.
"ABR" refers to the rate used to calculate certain fees in lending transactions, which is based on the prime rate or an alternate benchmark specified in the lending agreement.
Definition of "ABR" for floating-rate loans
This definition connects "ABR" to floating-rate loans.
"ABR" means the base rate used for floating-rate loans, where the interest rate is determined by adding a margin to the ABR, typically linked to the prime rate or other reference rates.
Definition of "ABR" for adjustments to financing terms
This definition links "ABR" to adjustments in the financing terms of loans.
"ABR" refers to the base rate used to adjust the terms of financing agreements, particularly the interest rate, which fluctuates in response to movements in benchmark rates such as the prime rate.
Definition of "ABR" for resetting loan interest rates
This definition ties "ABR" to resetting interest rates on loans.
"ABR" refers to the base rate used to periodically reset the interest rate on loans, based on the prime rate or an equivalent benchmark rate as agreed upon in the loan documentation.
Definition of "ABR" for determining applicable interest rate on borrowings
This definition connects "ABR" to the determination of the applicable interest rate on borrowings.
"ABR" means the rate used to determine the applicable interest rate on borrowings, calculated by adding a margin to the prime rate or another specified base rate.
Definition of "ABR" for determining interest on overdue payments
This definition ties "ABR" to the calculation of interest on overdue payments.
"ABR" refers to the rate used to calculate interest on overdue payments or late payments, typically set as a margin above the prime rate or an alternative base rate agreed upon in the contract.
Definition of "ABR" for calculating loan rates with reference to market conditions
This definition links "ABR" to calculating loan rates based on market conditions.
"ABR" refers to the base rate used for calculating loan interest rates, where the rate is adjusted according to current market conditions, typically tied to the prime rate or another benchmark.
Definition of "ABR" for determining variable interest rates
This definition connects "ABR" to determining variable interest rates.
"ABR" means the variable base rate applied to interest rate calculations, where the rate fluctuates with market conditions and is often linked to the prime rate or a similar benchmark.
Definition of "ABR" for setting rates in syndicated loans
This definition ties "ABR" to the setting of rates in syndicated loans.
"ABR" refers to the rate used in syndicated loan agreements to determine the applicable interest rate, often based on the prime rate or another base rate as agreed by the syndicate.
Definition of "ABR" for alternative base rate in cross-border agreements
This definition connects "ABR" to cross-border lending agreements.
"ABR" refers to the alternative base rate used in cross-border lending agreements, particularly when the prime rate or other local benchmark rates are unsuitable or unavailable.
Definition of "ABR" for calculating interest on revolving credit facilities
This definition links "ABR" to interest calculations on revolving credit facilities.
"ABR" means the rate used to calculate interest on revolving credit facilities, where the interest rate is based on the prime rate or a similar base rate, adjusted by a specified margin.
Definition of "ABR" for determining cost of funds in credit agreements
This definition ties "ABR" to the determination of the cost of funds.
"ABR" refers to the base rate used to calculate the cost of funds in credit agreements, typically linked to the prime rate or another benchmark rate, which is adjusted based on the lender's cost of capital.
Definition of "ABR" for determining borrowing costs
This definition connects "ABR" to the determination of borrowing costs.
"ABR" means the base rate used to calculate the borrowing cost, where the interest rate is set based on the prime rate or an alternate base rate, with a margin added for credit risk.
Definition of "ABR" for the interest rate on credit lines
This definition links "ABR" to the interest rate applied to credit lines.
"ABR" refers to the interest rate used to determine the cost of credit lines, generally based on the prime rate or a similar benchmark rate, with an agreed-upon spread.
Definition of "ABR" for market-based interest rates
This definition ties "ABR" to the market-based interest rates for loans.
"ABR" means the market-based base rate used to calculate interest rates, where the rate is adjusted according to market conditions and is typically linked to the prime rate or another reference rate.
Definition of "ABR" for alternative rates in loan documentation
This definition connects "ABR" to alternative interest rates in loan documentation.
"ABR" refers to the rate specified in loan documentation as an alternative to LIBOR or other base rates, typically the prime rate or a similar rate adjusted by a set margin.
Definition of "ABR" for calculating floating-rate notes
This definition ties "ABR" to the calculation of floating-rate notes.
"ABR" refers to the rate used for calculating interest payments on floating-rate notes, where the rate is based on the prime rate or another reference rate, adjusted by a specified spread.
Definition of "ABR" for determining the interest margin
This definition links "ABR" to determining the interest margin on loans.
"ABR" refers to the base rate used to calculate the interest margin on loans, typically set as the prime rate or a similar rate with a margin added based on the borrower's creditworthiness.
Definition of "ABR" for the fixed spread over a reference rate
This definition connects "ABR" to the fixed spread applied over a reference rate.
"ABR" means the rate calculated by adding a fixed spread to a reference rate, such as the prime rate, to determine the applicable interest rate on a loan.
Definition of "ABR" for cross-currency loan agreements
This definition ties "ABR" to cross-currency loan agreements.
"ABR" refers to the base rate used in cross-currency loan agreements, where the rate is adjusted based on a global benchmark like the prime rate or an equivalent reference rate.
Definition of "ABR" for commercial loans
This definition links "ABR" to commercial loans.
"ABR" refers to the base rate used to set interest rates on commercial loans, typically the prime rate, adjusted by a margin based on the terms of the loan agreement.
Definition of "ABR" for determining variable rate loans
This definition connects "ABR" to determining interest rates for variable rate loans.
"ABR" means the rate used to determine the interest rate on variable rate loans, where the rate is adjusted periodically based on changes to a reference rate such as the prime rate.
Definition of "ABR" for setting rates in corporate debt issuance
This definition ties "ABR" to corporate debt issuance.
"ABR" refers to the rate used for setting the interest rates on corporate debt issuance, where the rate is based on the prime rate or other base rates, adjusted for market conditions.
Definition of "ABR" for fixed-rate loan calculations
This definition connects "ABR" to fixed-rate loan calculations.
"ABR" means the rate used as a base for calculating interest payments on fixed-rate loans, where the rate is typically linked to the prime rate or another market-driven benchmark.
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