subprime
adjective
No English definition recorded for this entry.
L307780 on Wikidata ↗Wiktionary
Pronunciation: /ˈsʌb.pɹʌɪm/ / /ˈsʌb.pɹaɪm/
adj
Etymology: Etymology tree Proto-Indo-European *upó Proto-Italic *supo Latin sub Latin sub-der. English sub- English prime English subprime From sub- + prime.
- Less than prime; inferior.
“subprime beef”
- 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).
“Central to the story was Steve Eisman, an eccentric and rebarbative hedge-funder who was one of the earliest to see through the subprime lies.”
- Designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.
noun
Etymology: Etymology tree Proto-Indo-European *upó Proto-Italic *supo Latin sub Latin sub-der. English sub- English prime English subprime From sub- + prime.
- A subprime loan.