Meaning Of The Word Subprime
What's the definition of Subprime? Find Subprime meanings, definitions and more at the Real Dictionary online.
Subprime Meaning
| Subprime Definition |
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What's The Definition Of Subprime?
subprime
adjective: A subprime loan is a loan that is made to a borrower who has been unable to pay back loans in the past, usually with a high interest rate. subprime in American English designating or of mortgage loans made to high-risk borrowers, as those with poor credit ratings, who typically pay higher interest rates adjective: being of less than top quality subprime in British English adjective: (of a loan) made to a borrower with a poor credit rating, usually at a high rate of interest noun: a loan made to a borrower with a poor credit rating |
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