English Explanatory Dictionary

subprime

English dictionary entry

Meanings

adj
  1. Less than prime; inferior.
  2. 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).
  3. Designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.
noun
  1. A subprime loan.

Pronunciation

/ˈsʌb.pɹʌɪm/ /ˈsʌb.pɹaɪm/

Word forms

subprime subprimes

Etymology

From sub- + prime.

Antonyms

superprime
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