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Subprime
Meaning
Adj
●
Less than
prime
; inferior.
●
In American English & Banking:
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).
●
In American English & Banking:
Designating a type of
commercial
lending
rate,
less than
the
prime
rate,
offered
to
desirable
borrowers.
Noun
●
A
subprime
loan.
Sourced from
Wiktionary
Origin
subprime
English
prime
English
prime
French
primus
Latin
pri
Latin
sub-
English
Sourced from
Etym
Related
Borrowers
Loans
Foreclosures
Loan
Mortgages
Mortgage
Lenders
Lending
Cdos
Debt
Securitization
Aig
Lehman
Foreclosure
Refinancing
Securitisation
Borrower
Financial Crisis
Home Loans
Home Loan
Credit Crunch
Time Deposits
Financial Institutions
Credit Default Swaps
Collateralized Debt Obligations
Lines Of Credit
More
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