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FACT FIRST · ANALOGY SECOND

Loan Prime Rate (LPR)

Factual definition

China’s Loan Prime Rate is a lending-rate reference published through the national quotation mechanism. Actual loan pricing and legal effects depend on contract terms and current rules.

SATIRICAL ANALOGY — NOT A DEFINITION

A reference rate, not the exact price tag on every loan.

Related entries in the source book

These are reading links, not claims that the guide entry defines this term.