Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • adj. Less than prime; inferior.
  • adj. (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 (e.g. because of poor credit history).
  • adj. (dated) Designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.
  • n. A subprime loan.

Etymologies

sub- +‎ prime (Wiktionary)

Examples

Comments

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  • It's baaaa-ack...

    February 8, 2009

  • The American Dialect Society's word of the year for 2007.

    January 7, 2008