sub-prime
adjective
Meaning
- Less than prime; inferior.
- (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 (for example, because of a poor credit history).
- Designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.
Etymology / origin
No prose etymology has been added yet.
No ancestor words have been linked yet.
Related words
Descendant words
No descendant words have been linked yet.