subprime

Definitions, parts of speech, synonyms, and sentence examples for subprime.

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Editorial note

OK, the absolute worst case is he invests the whole amount in subprime mortgages and loses it all.

Examples14

Definitions4

Parts of speech2

Quick take

A subprime loan.

Meaning at a glance

The clearest senses and uses of subprime gathered in one view.

noun

A subprime loan.

adjective

Less than prime; inferior.

adjective

(US, banking, dated) Designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.

Definitions

Core meanings and parts of speech for subprime.

noun

A subprime loan.

adjective

Less than prime; inferior.

adjective

(US, banking, dated) Designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.

adjective

(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 (for example, because of a poor credit history).

Example sentences

OK, the absolute worst case is he invests the whole amount in subprime mortgages and loses it all.

This phenomenon is as much a result of changes in consumer behavior as it is subprime aftershocks.

They just took a large position in subprime loans and held many of the riskier tranches.

You do realize that subprime mortgages turned out terribly for a lot of low-income people, right?

Over the short term the price of gold, silver, subprime real estate, dutch tulip bulbs, pets.com stock etc.

More recently, a lot of the subprime CDSes never actually paid out - it's just that people worried, and lowered the value of them.

I wasn't aware of subprime auto loans, I'll have to look into that at some point.

I'm not that good at these things, but fracking comes to mind, and subprime auto loans.

They're not only a scam, they're a scam that should be obvious on the face of it, like subprime real estate, or a Pets.com IPO.

It was previously non-performing and so it's probably subprime.

Then it was subprime and commercial real estate.

It's like subprime mortgages back in the day.

Quote examples

"While we never made a subprime loan and are not predatory lenders, we think a lot of homeowners have been victimized," Mr.

Troubling fact is there's a lot of people doing this, our household debt ratio is much higher than those prior to the subprime mortgage crisis (people in denial saying "but there's no bubble in Vancouver, we are different.") There's a lot of people that's going to be ruined when the bubble bursts and they suddenly can't make a payment or they are out of a job due to the impact it will have on Vancouver's economy.