subprime

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See also: sub-prime

English

Etymology

sub- +‎ prime

Pronunciation

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Adjective

English Wikipedia has an article on:
Wikipedia

subprime (not comparable)

  1. Less than prime; inferior.
  2. (US, banking) (now worldwide) Designating a loan (typically at a greater than usual rate of interest) offered to a borrower who is not qualified for other loans (for example, because of a poor credit history).
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  3. (US, banking, dated) Designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.

Further reading

Noun

subprime (plural subprimes)

  1. A subprime loan.

See also

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