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subprime

[suhb-prahym] /sʌbˈpraɪm/
adjective
1.
being of less than top quality:
a subprime grade of steel.
2.
being below a prime rate:
banks engaging in subprime lending.
Origin
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for sub-prime

subprime

/ˈsʌbˌpraɪm/
adjective
1.
(of a loan) made to a borrower with a poor credit rating, usually at a high rate of interest
noun
2.
a loan made to a borrower with a poor credit rating
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for sub-prime

subprime

adj.

also sub-prime, of loans, etc., by 1978, in frequent use from 1996, from sub- + prime (adj.).

Online Etymology Dictionary, © 2010 Douglas Harper
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