Found in the following dictionaries
OTCWL2014 (NASPA Word List 2014)
TWL06 (NASPA List 2006)
TWL06 (NASPA List 2006)
"Subprime" Definition
noun
A subprime loan.
Source: Wiktionary
adjective
Less than prime; inferior.
Source: Wiktionary
(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).
Source: Wiktionary
(dated) designating a type of commercial lending rate, less than the prime rate, offered to desirable borrowers.
Source: Wiktionary
Having or being an interest rate that is higher than a prime rate and is extended especially to low-income borrowers .
Source: Merriam-Webster
Extending or obtaining a subprime loan .
Source: Merriam-Webster
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