Dictionary
subprime
adjective sub·prime \ˈsəb-ˌprīm\
Definition of SUBPRIME
1
: having or being an interest rate that is higher than a prime rate and is extended especially to low-income borrowers <subprime mortgages>
2
: extending or obtaining a subprime loan <subprime lenders> <subprime borrowers>
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First Known Use of SUBPRIME
1995
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