What does subprime mean?
Definitions for subprime
sub·prime
This dictionary definitions page includes all the possible meanings, example usage and translations of the word subprime.
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Wiktionary
subprimenoun
A subprime loan.
subprimeadjective
Less than prime; inferior.
subprimeadjective
(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).
subprimeadjective
Designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.
Numerology
Chaldean Numerology
The numerical value of subprime in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of subprime in Pythagorean Numerology is: 4
Examples of subprime in a Sentence
The average APR is being driven up by more subprime cardholders carrying a balance while more prime cardholders pay off their balances, you have more people with higher APRs carrying balances and fewer people with lower APRs doing so, sending the overall average higher.
Expensive weddings are like a subprime mortgage crisis of the heart.
Recall that - unlike the credit market - the equity market well into 2008 was very complacent about the subprime crisis that led to a full blown financial crisis, while we are not predicting another financial crisis, it is important to keep highlighting to investors across asset classes that conditions in the high grade credit market are currently very unusual.
The subprime problems are now creating massive issues on Wall Street, it's a serious problem affecting our housing market and millions of hard working families. So what are some of the things we need to do? We need to expand the role of the (Federal Housing Administration) to issue more mortgages at better rates to these homeowners. We need to give consumers more counseling and information, prevent families from being trapped in high interest loans with pre-payment penalties and in some cases, allow more breathing room from foreclosure.
Today's proposed settlement will ensure that subprime borrowers in over 100 local markets across the United States continue to enjoy the benefits of competition when they seek these important loan products.
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References
Translations for subprime
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"subprime." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/subprime>.
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