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sub-prime

Line breaks: sub-prime
Pronunciation: /ˈsʌbprʌɪm
 
/

Definition of sub-prime in English:

adjective

Denoting or relating to credit or loan arrangements for borrowers with a poor credit history, typically having unfavourable conditions such as high interest rates: the sub-prime mortgage market
More example sentences
  • He worked in information technology at the bank, which lost money on subprime mortgages.
  • Congressional liberals fought for risky subprime loans.
  • In 2005, 69 percent of the homes purchased in the tract were bought with subprime mortgages.

Definition of sub-prime in:

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Word of the day orthoepy
Pronunciation: ˈɔːθəʊɛpi
noun
the correct or accepted pronunciation of words