- adj. Less than prime; inferior.
- adj. US, banking (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. US, banking (dated) Designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.
- n. A subprime loan.
- sub- + prime (Wiktionary)
“More securities with the label subprime or Alt-A attached to them are deemed too controversial to own, particularly with the constant threat of express-train credit downgrades taking their ratings many notches lower.”
“WOOSTER -- A Pulitzer Prize-winning columnist for the Wall Street Journal said the term subprime mortgage was a relatively new one for him when it became the turning point in a crisis.”
“COOPER: Everyone uses this term subprime, but we're talking about junk mortgages.”
“And you want to make sure you're not part of what we call the subprime crises.”
“The fees, interest rates, and prepayment penalties embedded in subprime loans made them much more seductive to investors.”
“The mess in subprime Mortgages is an easy problem to fix.”
“By 2006, minorities were borrowing more per capita than whites, and twice as much per capita in subprime loans.”
“Lehman, meanwhile, went bankrupt after mucking about in subprime mortgages, sending a shock through the financial system, and ensuring that the government would not allow another big investment bank to fail.”
“The boom had produced so much debt that even a small economic stumble could cause major problems, and rising delinquencies in subprime mortgages proved the stumbling block.”
“A U.S. judge approved Citigroup's revised pact with federal securities regulators to resolve allegations the bank misled investors about $39 billion in subprime mortgage assets it held.”
These user-created lists contain the word ‘subprime’.
these came into effect from 2011
largest known prime, even prime, semiprime, dihedral prime, dihedral calculat..., double Mersenne p..., Eisenstein prime, emirp, Genocchi number p..., good prime, happy prime, highly cototient ... and 130 more...
Words and phrases from the current global financial crisis.
We are all doomed...
words seen in the economist, or likely to appear there.
A selection of words and phrases that entered the language between 1920 and 1929. Primary sources for this list are:
There's a Word For It by Sol Steinmetz (2010, Harmony Books, New Y...
words collection for 2010
Looking for tweets for subprime.